Why Is Inventory Accuracy Foundational to Success?
Inventory accuracy is foundational to success. Most clients aren't concerned about inventory, and they shouldn't be if they can count on what their system says.
Using Capacity Planning to Increase Revenue & Profitability
Manufacturing is on a downward trend after eight months of PMI (purchasing manager's index) below 50. It dropped to 46 in June. China's manufacturing also shrank for a third month in a row to a PMI of 49. Yet manufacturers backlogs remain relatively robust in many industries, leading executives perplexed on what to do about capacity shortfalls.
Scheduling Best Practices to Improve Service & Performance
The best companies focus on production scheduling. Even though Production Schedulers aren't typically highly paid positions, the function will make or break your ability to serve customers, improve operational performance and accelerate cash flow. Thus, it should be a key priority if you want to achieve profitable growth.
SIOP / S&OP: Balance Customer Orders, Inventory, & Profitability
If you want to serve your key customers successfully (with high on-time-in-full (OTIF), short lead times, and proactive service) so that you can take advantage of the opportunities coming down the pike while addressing the hard realities of the current business environment (potential recessions, high interest rates, and less access to capital), you MUST balance sales, operations and inventory.
Inventory Management: Go Back to the Basics for Success During Today’s Volatility GalleryInventory Management: Go Back to the Basics for Success During Today’s Volatility
Distribution & Warehousing, Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Planning, Supply Chain Trade & Logistics
Inventory Management: Go Back to the Basics for Success During Today’s Volatility
Volatility is the New Norm If there is one thing that is certain in today's world, it is that volatility and change are the new normal. VUCA (volatility, uncertainty, complexity, ambiguity) is top of mind for every client. For example, clients ask the following questions: What will happen next? [...]
SIOP/ S&OP Playbook: Creating Predictability & EBITDA Growth
The "Solution" to Successfully Dealing with Shortages, Delays & Inflation Supply Chains: There is No "Return to Normal" There is no "return to normal". Non-stop disruptions are the norm. Proactive clients are still struggling to hire the "right" talent in the "right" place at the "right" time. Material lead [...]
Labor Scheduling: How to Maximize Operational Effectiveness While Servicing Your Customer
At its simplest, labor scheduling is determining which people (and which skills) you should have at which sites at which work centers at what time (shift) to ensure the right products can be delivered to the right customer at the right time.
Supply Chain Dive: Did the Pandemic Really Kill Just-in-Time? Experts Weigh In
Lisa Anderson was quoted in Supply Chain Dive on whether just-in-time (JIT) is sill relevant or has the world moved to just-in-case.
Right-size Inventory to Thrive During Inflationary & Recessionary Times
Inflation, Recession, Both? We are in unique times with inflationary pressures continuing while recessionary trends are emerging as well. In either instance, it is vital to right-size inventory. It will not change anytime soon. With interest rates rising rapidly, it will curb demand while increasing the cost of capital. [...]
NESCON: Managing Capacity in a Complex & Volatile Long-Lead Environment
Lisa Anderson facilitated a panel discussion at the New England Supply Chain Conference and Exposition on managing capacity in complex and volatile environments with Shari Ruelas General Manager of Commercial Products Chevron, Alejandro Bustamante Senior Advisor to CEO & Board of Directors of Poly/HP, and Dan Raatjes SVP & COO King's Hawaiian Holding Co.