Our manufacturing clients have really embraced the power of AI during the last year. From improved forecast accuracy that affects inventory levels, to working more openly with changing customer needs and the overall customer experience, they are already in the effects of using this data.
Have you thought about how to insert a bit of tranquility into the chaos?
When teaching a CSCP class for a large Target distribution center recently, one of the managers asked me about what drives results across all clients. One of the great benefits of speaking and teaching is that attendees stimulate new ideas and/or insights.
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.
