Supply Chain: An update on Challenges and Opportunities
Supply chain disruptions continue to plague manufactures, distributors, and all organizations with products and inventory.
Should We Pay Attention to Metaverse in the Supply Chain?
In manufacturing and supply chain, AR (augmented reality), VR (virtual reality) and digital twins (digital representation of an intended or real-world physical product, system or process) are a few exciting opportunities with a multitude of uses.
What’s Up in the Economy, Business, Manufacturing & Supply Chain?
It is a whirlwind and confusing. Here is a quote that sums it up perfectly: From a salesperson at a client recapping the conversations at a recent industry conference - Everyone is skeptical, but we are all seeing orders and backlog remain pretty robust.
The State of Business, Supply Chain and Opportunities GalleryThe State of Business, Supply Chain and Opportunities
Business & the Economy, ERP, Technologies, Digitization & Automation, Inflation Strategies, Innovation, Recession-Proofing Strategies, Reshoring/ Nearshoring, SIOP / S&OP, Supply Chain, Supply Chain Chats, Supply Chain Disruption, Trends/ Future Proofing
The State of Business, Supply Chain and Opportunities
In this episode of Supply Chain Chats, Lisa Anderson talks about the state of business, the economy, and supply chain, what it means and how to take advantage of the opportunities that will come down the pike.She talks in detail about inflation, recession, the impacts of interest rates and the labor force and what the successful companies are doing differently to succeed.
The Road Ahead: Business, Supply Chain & The World Order is Available GalleryThe Road Ahead: Business, Supply Chain & The World Order is Available
Business & the Economy, Business Processes / Best Practices, ERP, Technologies, Digitization & Automation, Global, Import & Export, Inflation Strategies, Manufacturing, Recession-Proofing Strategies, Reshoring/ Nearshoring, SIOP / S&OP, Supply Chain, Supply Chain Briefing, Supply Chain Disruption, Talent / Skills Gap, Trends/ Future Proofing, VUCA (volatility, uncertainty, complexity, ambiguity)
The Road Ahead: Business, Supply Chain & The World Order is Available
Special Report: How Companies Should Reshape to Succeed in 2023 & Take Advantage of Huge Opportunities Coming Down the Pike
ChatGPT & AI: Good or Bad?
What is All the Hoopla Over ChatGPT? If you haven't been living under a rock, you've heard about ChatGPT and other AI (artificial intelligence) competitors such as Google's Bard and Elon Musk's AI platform. Everyone has gotten into the conversation, from marketing professionals to tech experts to people like [...]
Scheduling Best Practices to Improve Customer Service, Operational Performance & Inventory Turns GalleryScheduling Best Practices to Improve Customer Service, Operational Performance & Inventory Turns
Manufacturing, S&OE, Supply Chain, Supply Planning (Production, Capacity, Materials, Replenishment, Inventory)
Scheduling Best Practices to Improve Customer Service, Operational Performance & Inventory Turns
The best companies focus on production scheduling. Even though Production Schedulers aren't typically highly paid positions, the function will make or break your ability to serve customers, improve operational performance and accelerate cash flow. Thus, it should be a key priority if you want to achieve profitable growth.
SIOP / S&OP: Balance Customer Orders, Inventory, & Profitability
If you want to serve your key customers successfully (with high on-time-in-full (OTIF), short lead times, and proactive service) so that you can take advantage of the opportunities coming down the pike while addressing the hard realities of the current business environment (potential recessions, high interest rates, and less access to capital), you MUST balance sales, operations and inventory.
Healthcare Supply Chains
Originally posted in Adhesives and Sealants Industry in May of 2023 As the healthcare industry supply chain faces more challenges, supporting industries must be proactive, resilient, and innovative. Although the visible bottlenecks in the healthcare supply chains are getting calmer, volatility will remain high. From the impacts of increasing [...]
The Economy & Manufacturing: What Do the Statistics Say?
According to this week's GDP report, the real growth rate was minimal (around 1.1%) during the first quarter. On the other hand, inflation remains high, around 5.3%. This seems to reflect stagflation. Unfortunately, business equipment spending was around -7.3%, and inventories are down. PMI (Purchasing Managers' Index), an [...]