Inventory or Capacity?
Inventory has emerged as a hot topic lately. In today’s Amazon-impacted business environment, customers expect rapid, customized deliveries, the ability to change their mind anytime and easy interactions.
Inventory has emerged as a hot topic lately. In today’s Amazon-impacted business environment, customers expect rapid, customized deliveries, the ability to change their mind anytime and easy interactions.
Explore the factors to consider before deciding on an ERP system upgrade: when to maximize your current system and when to pursue a modern, scalable solution.
Clients and colleagues have demonstrated a heightened interest in inventory reduction recently; however, they are not yet seeing the full value! Certainly, with everyone worried about a potential recession in 2020, they are starting to think about not tying as much cash up in wasted inventory but that is not the 100-pound gorilla. The real question is why we are thinking about corporate mandates and full warehouses instead of seeing the big picture that we should reevaluate our supply chain.
Have you thought about the strategic use of data? If not, you are missing a HUGE opportunity. Even in the most fundamental of businesses, having the 'right' data at the 'right' time in the 'right' place can not only enable quicker, more effective decision making but it can transform your business model.
Discover the potential of Vietnam as a sourcing destination. Explore the benefits, challenges, and impacts of Vietnam for your manufacturing needs.
Peer recognition and appreciation in business is significant. Simple acknowledgments from colleagues can make a lasting impact.
Explore the potential impact of drone technology on industries, businesses, and employees. Stay ahead in the technology game to thrive.
CLAREMONT, Calif., Oct. 22, 2019 /PRNewswire/ -- Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., sees exports as a significant opportunity for manufacturers to grow and future proof their business. "As manufacturers work on customizing products and meeting ever-changing delivery expectations, it's [...]