In this discussion we explore some of the challenges and remedies that companies across the sectors are encountering as they face into the post-COVID future and the challenge of a never normal world with ongoing supply chain disruptions, geopolitical tensions, and climate change.
Supplier risk can quickly disrupt production, inventory, and customer service. Lisa Anderson participates on a panel and discusses five steps businesses can take to improve supplier visibility, leverage better data, strengthen supply chain planning, and proactively identify and manage supplier risk.
As clients become interested in S&OP (Sales & Operations Planning), also known as SIOP (Sales, Inventory, and Operations Planning) to get in front of customer requirements while simultaneously increasing margins and profits, executives want to know if software is required to support S&OP success.
Since the pandemic, it has been a constant battle to ensure material availability, let alone to proactively manage cost and service. Even the most proactive and successful clients have experienced brief shortages of key materials and extended lead-times. The rest have been plagued with these issues.
Because we live in a global, supply chain disrupted world amidst record-breaking prices for food, commodities and oil (and all products dependent on these industries), not only are businesses looking to navigate inflationary pressures, but also deflationary pressures. Inflation can lead to deflation as consumers panic and demand softens.
"Our most successful clients are not hiding under a rock and maintaining status quo during these inflationary times," points out Lisa Anderson, president of Claremont, CA-based LMA Consulting Group, Inc. and manufacturing expert known for creating supply chain resiliency."
Proactive planning can help manufacturers prepare for growth even amid continued supply chain disruptions. Lisa Anderson discusses why capacity planning, what-if scenarios, and strong planning processes are essential to assess capabilities, support additional sales, and achieve profitable, scalable growth.
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., states"supply chains are going to be volatile until our world order becomes more predictable".
A supply chain is only as strong as its weakest link. Discover how proactive planning, SIOP, supply chain visibility, inventory management, and technology can help strengthen resilience, minimize disruptions, and improve customer service, productivity, and profitability.
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., predicts supply chain challenges for the foreseeable future. She also suggests that mitigating supply chain challenges will require leveraging the strength of direct and indirect global supply chains.
