Sales forecasting, also known as demand planning, is integral to achieving profitable growth. To ensure superior service and operational performance, visibility into customer and operational requirements is a must.
Why MRP Isn't Fully Utilized As we pay attention to trends across our clients and prospective clients, we are noticing a lack of understanding of why MRP (material requirements planning) isn't being fully utilized as depicted in our article "Case Study in Fueling Productivity, Profitability, & Performance with ERP [...]
Advanced Technologies for Forward-Looking Companies Forward-looking companies are pursuing advanced technologies to ensure superior customer value, address labor shortages, and deliver bottom line results. From robotics to advanced planning and forecasting systems, leverage ERP system and advanced technologies can fill gaps, automate processes, and enable superior functionality. Not [...]
In this VUCA (volatile, uncertain, complex, and ambiguous) laden supply chain environment, the successful companies leverage the power of speed and acceleration. Resiliency is required to survive in times of heavy disruption.
In today's VUCA-laden (volatility, uncertainty, complexity, ambiguity) environment, every executive must focus on common sense solutions that cut through the sludge to deliver increased productivity, profitability, and performance. Only those companies that are prepared to pivot and enhance customer value while delivering bottom line results will thrive in the [...]
Rahul Jhalawad, CFO of Avtron Power Solutions, shares his experience working with LMA Consulting Group to address critical business challenges. Learn how LMA’s expertise helped identify key focus areas, implement actionable strategies, and drive measurable results for their team.
In the latest evidence of the heightened concerns related to geopolitical risk, Biden has cracked down on most Chinese cars and trucks with a rule that software and hardware cannot come from China. There is concern about having millions of cars on the road with a potential threat to national security.
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.
Fulfilling customer demand successfully is not as easy as it was prior to this volatile, uncertain, complex, and ambiguous (VUCA) environment. As supply chain disruptions continue to rage, planners jump through hoops, expedite, and are a bit frazzled trying to support customer requirements while meeting operational objectives, pushing back when needed on sales commitments, and addressing cost concerns.
