Priorities that power the triple bottom line of social, environmental and financial performance are gaining momentum. Sustainable advancements, smart manufacturing and advanced technologies such as artificial intelligence are trending as they can deliver win-win improvements, supporting profitable growth and success.
Manufacturers must reexamine the role of technology and data in driving real-time business performance. Markets shift, demand changes and supply disruptions emerge overnight. The best-performing manufacturers are those that can plan and pivot because they trust their data, have optimized ERP and utilize SIOP.
During volatile times of heightened uncertainty, companies typically batten down the hatches to save money and avoid rocking the boat. As the business outlook pivots to the positive, demand will be stimulated, providing huge opportunities for those companies prepared to scale rapidly with AI and advanced technologies and serve customer needs.
In a world of constant distractions and disruptions, it's easy to overlook the fundamentals. In this Supply Chain Byte, Lisa Anderson explains why success still depends on getting the basics right—safety, quality, service, production, purchasing, planning and the use of ERP and related systems. Before adding complexity, make sure the foundation of your supply chain is strong.
What's trending in manufacturing was highlighted at the Valve Manufacturers Association (VMA) Annual Meeting. From discussions on utilizing AI to what's trending in water, data centers, geopolitics, supply chain and foundries, we provide highlights, stats, and implications for the future of manufacturers and extended supply chains.
The most successful companies are better utilizing ERP to automate processes, enhance customer value and better prioritize resources to support growth and scalability. Every company can better utilize their ERP system to drive bottom line results. Thus, we review top ways to better optimize ERP including a case study.
Taking your supplier / customer relationships to the next level of partnership is integral to supporting profitable growth with exceptional customer service and cash flow (ie. inventory turns) levels. Vendor managed inventory (VMI) can be integral to maximizing revenue/ service, profitability, and working capital.
As companies are concerned about declining backlogs, they are searching for solutions to keep top talent and stop the bleeding. Executives are using SIOP to maximize margins while preparing to scale up successfully for a manufacturing resurgence.
In this episode of Interlinks podcast, Lisa Anderson, President of LMA Consulting Group and one of North America’s foremost supply chain advisors, explores with podcast host Patrick Daly the strategic imperative of supply chain visibility in today’s turbulent business environment, with a focus on how AI tools can deliver actionable insights.
ERP systems sit at the core of modern manufacturing—but most companies use only a fraction of their capability. In this Supply Chain Byte, Lisa Anderson gives examples of how optimizing the ERP system can strengthen the supply chain—capacity, staffing, planning & scheduling and on-time delivery.
