The successful companies will not only strive to be the strongest link in your supply chain, but they will ensure that the weakest link doesn't send their customers to the competition. You have a once-in-a-lifetime opportunity to secure your position as a market leader and thrive for years to come, if you choose to take advantage of the opportunity and start to act NOW.
As clients become interested in S&OP (Sales & Operations Planning), also known as SIOP (Sales, Inventory, and Operations Planning) to get in front of customer requirements while simultaneously increasing margins and profits, executives want to know if software is required to support S&OP success. Is Software Required to Support [...]
Because we live in a global, supply chain disrupted world amidst record-breaking prices for food, commodities and oil (and all products dependent on these industries), not only are businesses looking to navigate inflationary pressures, but also deflationary pressures. Inflation can lead to deflation as consumers panic and demand softens.
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., shares her thoughts on 3D printing.
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., talks about best practices and how companies utilizing the ERP to it's potential.
According to FactSet Insight, revenue growth is predicted at 7.5% for 2022 which is substantial when considering it is following record-breaking growth in 2021. Clients and colleagues are seeing record increases in sales revenues and pricing.
Inflation rose to 7.9% in February and continues to soar! Russia invaded Ukraine and trade has been halted. Oil and gas prices will continue to rise and seem to have no end in sight with some saying it will get to $200 a barrel.
Challenges of Integrating Technology Across Supply Chain - Pac Rim/ North America Perspectives
Lisa Anderson and the team at LMA Consulting working with Nellson to upgrade the planning, purchasing/ MRP, supply chain and S&OP/ SIOP processes. The result was improved service levels with on time in full (OTIF) from the low 90's to the high 90's; reduced inventory levels; reduced obsolete inventory, improved billbacks on expired material (from around 0% to nearly 100%); and gained more value from the ERP system.
The global supply chain situation remains in a constant state of chaos. $1 billion of goods flows through the ports per day, and so there is a BIG ripple effect on the supply chain. Although there is a lot of talk and action by various groups to improve the [...]
