ore than 50% of client requests in the last several months have related to inventory. In fact, it seems to be a trending hot topic! In today's era of the Amazon Effect where customers expect more and have ZERO patience to wait yet we are in a volatile environment with tariffs and concerns about space, costs and more, more inventory is needed to grow the business yet businesses cannot afford it.
Supply chain resiliency requires acute attention to inventory and cost pressures for manufacturers and distributors.
According to a Hackett group study, the benefits of SIOP (Sales, Inventory & Operations Planning) can be dramatic.
Inventory is circling back in importance and will become a hot topic again as customers expect immediate, customized deliveries with the expectation of easy returns and last-minute changes to orders in production, in the warehouse or in transit. What are you doing to get ahead of this ‘new normal’ assumption?
SIOP is not a quick resolution; however, you can make quick interim progress. Similar to safety, it must become part of your day-to-day culture.
Internal and collaborative systems are critical to short- and long-term growth for manufacturers and distributors. Systems must be able to support scalability and sustainability.
Discover the critical role SIOP alignment plays in harmonizing sales, operations, and finance for improved outcomes.
CLAREMONT, CALIFORNIA – July 27, 2018 – Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., presented the 2018 LMA Advocate Award to Aerospace/Defense executive, Kelly Ford. "It is a pleasure to recognize Kelly Ford with our 2018 LMA Advocate Award. We [...]
Take a quick audit of your strategic clarity, fill any gaps and look for opportunities to fast-track progress.
