Companies that conduct effective Sales, Inventory and Operations Planning (SIOP) are able to balance supply with demand and exceed customer expectations. Sales, Inventory and Operations Planning (SIOP) is a process that manufacturers and distributors utilize to align supply with demand. What are the key benefits? Happy customers: Lately, I've [...]
Noticing hot supply chain trends first is a great way to leverage emerging trends and stay ahead of the competition. An often overlooked secret to success is to be a front-runner in identifying and leveraging emerging trends. Since I work with manufacturers and distributors from small to large [...]
Collaborating with supply chain partners not only develops stronger partnerships but it also can deliver significant bottom line business results. I've noticed that my strongest clients dedicate time and attention to developing relationships and collaborating with their suppliers, customers, transportation partners, brokers, trusted advisors etc. There are countless options [...]
Having the right business priorities will keep your organization ahead of the rest. I thought it might be interesting to brainstorm top strategic priorities commonplace today for manufacturers and distributors. Speed - More and more, I'm seeing speed enter the contest as a key strategic priority. How do you [...]
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 [...]
No matter how much you plan, you’re going to face challenges. But learning to hurdle obstacles effectively will save you valuable time and a lot of grief. As I've yet to run across an executive without obstacles, learning how to effectively deal with them has to be a top [...]
The multifaceted task of implementing a successful ERP system starts with selecting the “right” system and having a cohesive, adaptable strategy. As strange as it might sound, the software and its features is typically the least important ingredient to success. Instead, focus on... Just the critical few key requirements. [...]
Sales & Operations Planning (S&OP), also known as SIOP (including inventory in the title) can give your business an edge over the competition - minimal investment in resources to yield substantial results! Although S&OP which balances demand with supply has been around for a long time, I've seen interest [...]
Communication is vital to project management success. Are you looking for different methods to make certain your messages is getting across? Published in "ExecutiveBrief" website, April, 2013 So much of an organization’s success is tied to project success! Can you think of any significant organization initiative or improvement that [...]
