SIOP, also known as S&OP, can do the heavy lifting of the budgeting process by filling in the blanks on operations and inventory line items. SIOP, also known as S&OP, can do the heavy lifting of the budgeting process by filling in the blanks on operations and inventory line [...]
Many of my manufacturing, supply chain and distribution clients dread budgeting time when they should be looking at it as an opportunity.
We are in an era of volatility. Who ever thought we'd get used to commonplace bank failures? How about the Dow rising or falling by hundreds of points in a day? Oil gushing into the Gulf? Toyota quality issues? Never! Get used to erratic change as it is the "new normal".
Budgeting is always relevant, but especially during a recession. Here are a few tips for success: Plan - as obvious as it sounds, think in advance about your projected income and expenses. I'm constantly surprised how many businesses and households do not plan and then are surprised at the [...]
