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Liz Hempel

PartnerNew York

Supports industrial clients to navigate changes in supply chain, manufacturing, and procurement as a result of an ever-evolving geopolitical landscape

Liz is a partner and leader of the firm’s operations work for industrial clients. She partners with supply chain, procurement, and manufacturing organizations to accelerate value while improving operational resilience.

Examples of her client work include the following:

  • creating a “North Star” network strategy for a global industrial to improve efficiency and service levels in both warehousing and manufacturing
  • reducing lead time through regionalization of the global supply chain for a major B2B2C industrial
  • restructuring a B2B2C industrial supply chain to enhance resilience through footprint, contract manufacturing, and inventory optimization
  • consolidating the footprint of a major industrial supplier, including the development of outsourcing and contract manufacturing strategies
  • modernizing the manufacturing footprint and capabilities for a major industrial
  • ensuring cost reduction in bespoke, highly engineered systems for a major capital infrastructure OEM
  • generating cost-of-quality improvement through enhanced design processes by leveraging machine learning for a major automotive supplier
  • creating a product development strategy for a major energy company
  • improving inventory and cash flow for a major industrial company

Published work

The new tariff reality: From risk to resilience,” McKinsey & Company, June 2025

Past experience

Lockheed Martin
Mechanical engineer and program manager

Education

Tepper School of Business at Carnegie Mellon
MBA

Cambridge University
Non-degree, mechanical engineering

MIT
BS, mechanical engineering