inventory management Archives

So After Investing $1 Million+ in Systems, Why Are We Making Important Decisions from Spreadsheets?
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So After Investing $1 Million+ in Systems, Why Are We Making Important Decisions from Spreadsheets?

Better Use of ERP / Systems, Capacity & Labor Planning, Data Analytics & Business Intelligence, ERP & Technology, Manufacturing, Process Improvement, Production & Materials Planning, Supply Chain Planning

So After Investing $1 Million+ in Systems, Why Are We Making Important Decisions from Spreadsheets?

Every CFO seems to wonder why they spend millions on ERP upgrades yet critical decisions seem to boil down to spreadsheets.

admin2025-01-02T18:13:15-08:00December 21, 2024|Categories: Better Use of ERP / Systems, Capacity & Labor Planning, Data Analytics & Business Intelligence, ERP & Technology, Manufacturing, Process Improvement, Production & Materials Planning, Supply Chain Planning|Tags: automation, business consulting, business process, capacity planning, data analytics, data integrity, ERP, inventory management, MRP, planning, predictive analytics, supply chain|

Using SIOP to Drive Revenue, Margin & Working Capital Predictability & Improvement
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Using SIOP to Drive Revenue, Margin & Working Capital Predictability & Improvement

SIOP / S&OP

Using SIOP to Drive Revenue, Margin & Working Capital Predictability & Improvement

As revenues remain volatile, disruptions plague supply chains, and interest rates remain high, executives' ability to build revenue, margin and working capital predictability and improvement takes on an elevated importance.

admin2025-01-02T18:09:57-08:00December 19, 2024|Categories: SIOP / S&OP|Tags: A&D, APS, building & construction, business results, capacity planning, customer service, demand planning, DRP, inventory management, inventory turns, MRP, S&OP, SIOP, VUCA|

Could Strategic Inventory & Proactive Planning Save Your Supply Chain?
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Could Strategic Inventory & Proactive Planning Save Your Supply Chain?

Inventory Management & Control, Production & Materials Planning, Supply Chain (End-to-End), Supply Chain Planning

Could Strategic Inventory & Proactive Planning Save Your Supply Chain?

Disruptions abound no matter the supply chain. Aerospace has been particularly hard hit. Boeing's issues have plagued them the entire year.

admin2024-11-08T19:11:23-08:00November 4, 2024|Categories: Inventory Management & Control, Production & Materials Planning, Supply Chain (End-to-End), Supply Chain Planning|Tags: A&D, Adhesives & Sealants Industry Magazine, demand planning, industrial equipment, inventory management, manufacturing, production planning, Production scheduling, S&OP, SIOP, supply chain, supply chain disruptions, VUCA|

Lisa Anderson Publishes Mid-Year Special Report
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Lisa Anderson Publishes Mid-Year Special Report

Business & the Economy, Supply Chain (End-to-End), Supply Chain Transformation, Optimization & Collaboration

Lisa Anderson Publishes Mid-Year Special Report

Download Lisa's mid-year special report, FutureScape: Crafting Tomorrow's Supply Chain Today.

admin2024-08-16T15:21:43-07:00August 13, 2024|Categories: Business & the Economy, Supply Chain (End-to-End), Supply Chain Transformation, Optimization & Collaboration|Tags: AI, better use of ERP, ERP, geopolitical risk, global supply chain, inventory management, regional supply chains, Skills Gap, supply chain optimization, supply chain resiliency, supply chain technologies, talent, technology, VUCA|

Inventory Optimization In Full Focus in the Turbulent Economy
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Inventory Optimization In Full Focus in the Turbulent Economy

Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Briefing, Supply Chain Planning

Inventory Optimization In Full Focus in the Turbulent Economy

If you follow the stock market, you might think the economy is strong. As consumers, we are frustrated with the price of everyday supplies such as food, gas, and housing.

admin2024-08-11T23:42:37-07:00August 1, 2024|Categories: Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Briefing, Supply Chain Planning|Tags: inventory management, inventory reduction, manufacturing, MRP, planning, right-size inventory, S&OP, SIOP, supply chain disruptions, supply chain optimization, supply chain risk, technology|

Managing Inventory and Cost to Navigate Economic Turbulence
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Managing Inventory and Cost to Navigate Economic Turbulence

In The News, Inventory Management & Control, Manufacturing, Media, Production & Inventory Management, Supply Chain (End-to-End)

Managing Inventory and Cost to Navigate Economic Turbulence

The world faces economic headwinds. According to the Economist, Europe’s economy only grew at 4% this decade as compared with 8% of the United States and is struggling with a triple shock of the energy crisis, surging Chinese imports, and the threat of tariffs from the United States.

admin2024-07-06T18:50:25-07:00July 2, 2024|Categories: In The News, Inventory Management & Control, Manufacturing, Media, Production & Inventory Management, Supply Chain (End-to-End)|Tags: cash flow, ERP, inventory, inventory levels, inventory management, S&OP, SIOP, strategies to fight inflation|

How Smart Manufacturers Are Navigating Interest Rate Hikes
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How Smart Manufacturers Are Navigating Interest Rate Hikes

Business & the Economy, In The News, Manufacturing

How Smart Manufacturers Are Navigating Interest Rate Hikes

Interest rates have increased by a historic amount within the last year. Increases of almost 5 points on such an aggressive timeline is already having a significant impact on manufacturers and distributor’s ability to fund and support their business growth.

admin2024-03-29T23:44:31-07:00June 8, 2023|Categories: Business & the Economy, In The News, Manufacturing|Tags: Brushware Magazine, inventory management, S&OP, SIOP|

What’s Up in the Economy, Business, Manufacturing & Supply Chain?
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What’s Up in the Economy, Business, Manufacturing & Supply Chain?

Business & the Economy, Supply Chain Briefing

What’s Up in the Economy, Business, Manufacturing & Supply Chain?

It is a whirlwind and confusing. Here is a quote that sums it up perfectly: From a salesperson at a client recapping the conversations at a recent industry conference - Everyone is skeptical, but we are all seeing orders and backlog remain pretty robust.

admin2024-06-08T16:12:39-07:00May 17, 2023|Categories: Business & the Economy, Supply Chain Briefing|Tags: better use of ERP, inventory management, inventory reduction, manufacturing, operational performance, S&OP, SIOP, supply chain, technology|

SIOP / S&OP: Balance Customer Orders, Inventory, & Profitability
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SIOP / S&OP: Balance Customer Orders, Inventory, & Profitability

Manufacturing, Production & Inventory Management, Production & Materials Planning, SIOP / S&OP, Supply Chain Planning

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.

admin2024-06-05T18:10:45-07:00May 1, 2023|Categories: Manufacturing, Production & Inventory Management, Production & Materials Planning, SIOP / S&OP, Supply Chain Planning|Tags: business results, inventory management, inventory turns, manufacturing, on-time-in-full, OTIF, production planning, S&OP, SIOP, supply chain, supply chain consultant|

Northern Lights, Husky Sleighs, & Stacking the Deck for Success
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Northern Lights, Husky Sleighs, & Stacking the Deck for Success

Business & the Economy, I've Been Thinking

Northern Lights, Husky Sleighs, & Stacking the Deck for Success

I went to Finland to see the northern lights, or the aurora borealis. Getting there is no piece of cake. We flew through London, took a 2-3 hour flight to Helsinki, Finland, and then took another flight to northern Finland (almost another 2 hours) and then drove 40 minutes to the resort (of course, north). It isn't for the faint of heart with temperatures in the negative numbers, requiring 6 or 7 layers minimum to allow you to stay outside for short bursts of time (although not very long as you'll start growing icicles), but the experience is worth it!

admin2024-01-16T22:11:21-08:00March 26, 2023|Categories: Business & the Economy, I've Been Thinking|Tags: cash flow, data, employee retention, inventory management, process improvement, supply chain resiliency, technology|