Why Is Inventory Accuracy Foundational to Success?
Inventory accuracy is foundational to success. Most clients aren't concerned about inventory, and they shouldn't be if they can count on what their system says.
Better Utilize Your ERP System (3 Strategies for CEOs)
Executives are struggling to keep up with inflationary raw material prices, elevated customer requirements, margin pressures, and the lack of people to fulfill key roles. Thus, they are looking to their ERP system and related supply chain technologies for answers.
Optimizing Business Decision Tradeoffs with SIOP
Making the appropriate business decisions will make or break success. Executives get paid the big bucks to make these decisions. Unfortunately, one poor decision can outweigh thousands of good ones rapidly. SIOP (Sales Inventory Operations Planning), also known as S&OP, is a tool that will optimize these tradeoffs for effective decision making.
Leap Forward and Leverage ERP & Supply Chain Technologies
ERP and related technologies should only be a priority if you want to grow and succeed for decades to come. If not, it will be the same as if you said you wanted to stick with the horse and buggy instead of leaping into a Ford.
Using Capacity Planning to Increase Revenue & Profitability GalleryUsing Capacity Planning to Increase Revenue & Profitability
Best of Supply Chain, Capacity & Labor Planning, Distribution & Warehousing, Manufacturing, Manufacturing Scalability & Resource Planning, Supply Chain Planning, Supply Chain Trade & Logistics
Using Capacity Planning to Increase Revenue & Profitability
Manufacturing is on a downward trend after eight months of PMI (purchasing manager's index) below 50. It dropped to 46 in June. China's manufacturing also shrank for a third month in a row to a PMI of 49. Yet manufacturers backlogs remain relatively robust in many industries, leading executives perplexed on what to do about capacity shortfalls.
SIOP / S&OP: Don’t Reshore; Move Manufacturing Forward
Globalization is not working. Geopolitics abound. For example, the war in Russia and Ukraine ravages on. There are concerns around the nuclear power plant in Ukraine, occupied by Russia. And that is aside from the impact on oil, food, commodities and much more. China continues to threaten Taiwan and has already changed Hong Kong. It is no longer the same for business. There are countless risks throughout the world.
Geopolitics, Natural Resources & Impacts to the Supply Chain
There are mountains of geopolitical threats going on with significant impact on the supply chain. Most, if not all of these also relate to natural resources.
Strategies for Using 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.
Strategies for AI in Manufacturing & Supply Chain
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 Service & Performance
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.