VMI – What are the Benefits?
What are the strategic and tactical benefits of VMI for enhancing supply chain collaboration, increasing revenue, and improving service levels?
What are the strategic and tactical benefits of VMI for enhancing supply chain collaboration, increasing revenue, and improving service levels?
There is a LOT you can do this week to improve your integrated planning process.
The supply chain has a dramatic impact on several areas of the company – the ability to grow and “keep customers promises”, profitability, cash flow, and customer service.
Inventory management may be a less exciting supply chain topic but it is the linchpin in a manufacturing or distribution business.
Integrating marketing in the SIOP process is crucial for aligning demand planning with business growth, customer engagement, and supply chain efficiency
In the last few years, I have helped several clients design and implement SIOP.
By implementing a SIOP process you’ll be in a better position to leverage your resources for a speedier inventory velocity. Inventory velocity not only accelerates cash flow but it also can contribute to margin improvement. How do we turn inventory faster and keep our money in motion vs. stagnating in the back of our warehouse?
Companies that conduct effective Sales, Inventory and Operations Planning (SIOP) are able to balance supply with demand and exceed customer expectations.
Business managers and entrepreneurs can increase cash flow with already-existing assets through the implementation of innovative supply chain strategies, according to Lisa Anderson, founder and President of LMA Consulting Group, Inc. "In today's new normal business environment, cash is king, yet traditional methods to increase cash flow are not [...]
Published in "The ACA Group" website, March, 2011 As we are emerging from the recession, we are by no means returning to the high growth days of the past. Instead, the new normal is here to stay - slow growth for those who stay ahead of the curve, tight [...]