"SIOP" stands for Sales, Inventory, Operations Planning (SIOP). Depending on the industry or organization, you may also hear it referred to as “S&OP” or Sales and Operations Planning. Sometimes, it is even referred to as “IBP” or Integrated Business Planning. Typically, they mean the same thing. The most important words to emphasize are planning and alignment.
Increasing inventory levels is seen as a trade-off with service and efficiency levels; we find that a win-win-win is achievable. The key: Have the right inventory in the right place at the right time and gain a predictive view of demand to optimise your schedules to reduce inventory while increasing service and efficiency.
Lisa Anderson shares expert views on AI in supply chain planning, forecasting, SIOP, and real-time inventory visibility in a new publication from Intelligent Enterprise Leaders Alliance: 'AI & Analytics in Supply Chain'.
SIOP (Sales Inventory Operations Planning) is proving to be a critical tool for clients in successfully navigating volatile and complex business environment turbulence. Tariffs have thrown a wrench into demand and supply plans.
VMI (vendor managed inventory) is the process where the supplier manages the customer's inventory so that the customer has the "right" item in the "right" place at the "right" time to ensure high service levels, efficient and productive operations, and the least amount of inventory tied up unnecessarily. The best VMI programs ensure that the end-to-end supply chain gains with both the supplier and the customer achieving improved results or benefits.
Lisa Anderson shares her thoughts on the outlook for supply chains in 2025.
According to a McKinsey study, investment in supply chain digitization is slowing down after rapid growth in 2020-2023. On the other hand, the McKinsey Global Supply Chain Leader Survey finds that nine out of 10 respondents continue to experience supply chain challenges. And, according to Reuters, supply chain glitches [...]
Every CFO seems to wonder why they spend millions on ERP upgrades yet critical decisions seem to boil down to spreadsheets.
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.
As supply chains become more complex, organizations must move beyond resiliency and efficiency toward predictability, scalability, and customer value. In this ASCM San Fernando Valley presentation, Lisa Anderson discusses the risks and opportunities shaping the future of supply chains and shares strategies for building talent, leveraging technology, implementing SIOP, and positioning organizations for long-term success.
