Demand and supply are out of whack to say the least. Manufacturers that supply toilet paper, food, healthcare products and other essential goods are seeing a surge in demand whereas those that don't are seeing demand plummet. China was under lock down previously (causing a delay in the [...]
Learn how implementing SIOP can drive revenue predictability and growth for your business with these insights from Lisa Anderson.
Unlock growth in manufacturing supply chain with future-proofing strategies. Ensure alignment, visibility, and collaboration for success.
Demand planning is critically important to inventory management success. Drive better inventory control, cash flow, and profitability
CLAREMONT, Calif., Sept. 18, 2019 /PRNewswire/ -- Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., predicts that artificial intelligence (AI) and human learning will impact most aspects of manufacturing resulting in improved profits, inventory levels and cash. "Our manufacturing clients have really [...]
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.
