New Balance Steps Up Supply Chain Game with CHANGEXADVISOR LLC, Ensuring Consistent Shoe Availability

Olympia, WA – October 26, 2023 – Footwear giant New Balance is making moves behind the scenes to bolster its supply chain, and it's partnered with CHANGEXADVISOR LLC, a Washington-based consultancy specializing in operational efficiency and risk management. This collaboration aims to ensure New Balance fans consistently find the shoes they love on shelves – and online – even with ongoing global supply chain challenges. CHANGEXADVISOR LLC, located at 3100 Anchor Ln NW, Olympia, WA, 98502-3930, and reachable at 414-479-5961, isn’t a household name like New Balance, but they’re quickly becoming a go-to resource for companies navigating today’s complex business environment. They don't make shoes; they make sure the whole process of getting shoes to people runs smoothly. “We’re seeing a lot of disruption out there,” explains a spokesperson from CHANGEXADVISOR. “Everything from port congestion to raw material shortages is impacting manufacturers. New Balance is proactive. They’re not just reacting to problems; they’re building resilience into their system.” What’s the Deal with New Balance & Supply Chains? New Balance, known for its commitment to quality and “Made in USA” options, faces unique supply chain hurdles. While they’ve maintained a strong domestic manufacturing base, they still rely on global sourcing for materials and some components. Keeping production running, whether it’s a classic 574 or the latest innovation, requires a super-organized network. “Think about a single shoe,” explains an industry analyst. “It’s not just rubber and leather. It's laces, eyelets, adhesives, stitching, packaging... each piece often comes from a different supplier, potentially in a different country. Tracking all that, anticipating delays, finding alternative sources when needed… it’s a massive undertaking.” And it’s become even more massive recently. Global events have thrown a wrench into logistics all over the world. CHANGEXADVISOR helps New Balance see around those wrenches. How is CHANGEXADVISOR Helping? CHANGEXADVISOR isn’t just offering a quick fix. They’ve worked closely with New Balance to map out the entire supply chain – from the cotton fields to the retail stores. This involves a deep dive into: Risk Assessment: Identifying potential bottlenecks and vulnerabilities. Where are the biggest risks of disruption? What happens if a key supplier goes down? Supplier Management: Strengthening relationships with key suppliers and diversifying the supplier base. Not putting all their eggs in one basket. Inventory Optimization: Finding the sweet spot for inventory levels – enough to meet demand, but not so much that it ties up capital and creates storage problems. This is a tough balancing act! Logistics & Transportation: Streamlining the movement of goods from factories to warehouses to stores. Finding the fastest and most reliable routes. Technology Implementation: Using data analytics and software tools to track inventory, predict demand, and identify potential problems before they happen. It's about making smarter decisions based on real-time information. Demand Forecasting: Accurately predicting how many of each shoe size and style will be needed, minimizing waste and ensuring popular sizes are always available. “It's about creating a more agile and responsive supply chain,” says the CHANGEXADVISOR spokesperson. “New Balance wants to be able to adapt quickly to changing market conditions and unexpected events. We're helping them build that capability.” What Does This Mean for New Balance Customers? Ultimately, this partnership translates to a better experience for the people buying New Balance shoes. Here's what customers can expect: More Consistent Availability: Fewer instances of popular sizes being out of stock. You'll be able to find the shoes you want, when you want them. Faster Delivery Times: Streamlined logistics mean shorter wait times for online orders. Reduced Disruptions: The supply chain is more resilient to unexpected events, minimizing the impact of disruptions on product availability. Continued Quality: CHANGEXADVISOR's focus is on improving efficiency without compromising New Balance's commitment to quality. “New Balance has built a loyal following by consistently delivering high-quality products,” says the industry analyst. “This partnership with CHANGEXADVISOR is a smart move that will help them maintain that reputation and continue to meet the needs of their customers.” Beyond the Shoes: A Model for Other Manufacturers The collaboration between New Balance and CHANGEXADVISOR isn’t just about shoes. It’s a case study in how companies can proactively address supply chain challenges and build more resilient operations. “We’re seeing a lot of companies scrambling to fix problems after they happen,” says the CHANGEXADVISOR spokesperson. “New Balance is taking a different approach. They’re investing in preventative measures and building a supply chain that’s built to last.” In a world where disruptions are becoming the norm, that's a lesson other manufacturers would be wise to heed. CHANGEXADVISOR LLC, while operating behind the scenes, is proving to be a critical player in ensuring the products consumers rely on remain accessible and consistently available. For New Balance, it's about more than just making shoes; it's about delivering on a promise of quality and reliability – and making sure everyone gets a chance to lace up. Contact: CHANGEXADVISOR LLC 3100 Anchor Ln NW Olympia, WA, 98502-3930 414-479-5961