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.
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.
The Strait of Hormuz is a geopolitical chokepoint — and a critical reminder of why advanced supply chain planning is non-negotiable. In this Supply Chain Byte, Lisa Anderson highlights the ripple effects that disruptions in this narrow strait can cause and how strategic planning, risk assessment and scenario modeling help companies stay ahead.
Israel and Iran had an escalating 12-day war with the U.S. getting involved by bombing Iran's main nuclear facility. Although a cease fire has been negotiated, tensions remain high in the Middle East.
We have noticed that clients that think long-term are far more successful than those that respond to events as they occur. Companies that think long-term surpass the rest as they are ready for changing conditions and leverage opportunities for success.
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 [...]
Introducing a new services framework that helps manufacturers better understand and tackle the complexity of their supply chains.
An early warning indicator should provide a heads up to changing conditions in your end-to-end supply chain. With all the volatility, uncertainty, complexity, and ambiguity (VUCA) in the supply chain, it is vital to get a heads up to risks, potential dangers, and opportunities coming down the pike.
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.
Every CFO seems to wonder why they spend millions on ERP upgrades yet critical decisions seem to boil down to spreadsheets.
