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Innovation

SelectHub: Manufacturing Trends 2022: Maintaining a Competitive Edge

Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., shares her thoughts on 3D printing.
2022-05-10T16:31:41+00:00May 10, 2022|Categories: Customer Experience, In The News, Innovation, Manufacturing, Trends|

Resiliency to Thrive During Inflationary & Volatile Times

According to the Wall Street Journal, consumer prices are the highest in 40 years. It certainly doesn’t seem to be letting up. In fact, with the Russia-Ukraine war, there will be continued inflationary pressures on products related to oil, gas, commodity, and food at a minimum.

ERP & RELATED TECHNOLOGIES Managing Increased Complexity with High OTIF & Efficiencies Using Technology

If there is one thing in common with every client (big or small) in the current business environment which is characterized by significant volatility and uncertainty, it is the increased level of complexity of supply chains. As the old saying goes, you are only as strong as your weakest [...]

Improving Service Levels, Logistics Efficiencies, and Inventory Turns with Replenishment Planning Best Practices

Improving OTIF and Reducing Cost and Inventory Every client wants to support growth goals while improving service levels (OTIF, on-time-in-full), operational efficiencies and inventory turns. These are timeless objectives for every planner. During the pandemic, the priorities shifted to service levels because clients struggled to keep up with dramatic [...]

Proactively Addressing Global Events to Grow Market Share & Ensure Seamless Customer Service Using S&OP

Because we have gone global and live in an interconnected world, events around the world disrupt the global supply chain and impact local customers. Whether its the shutdowns in Shanghai due to the pandemic, the Russia-Ukraine war, concerns about port delays due to the upcoming union negotiations at the [...]

What Is S&OP (also known as SIOP) & Why Should We Care?

We are thrilled to introduce our S&OP webpage with everything you need to know about Sales and Operations Planning (also known as SIOP, Sales, Inventory and Operations Planning or IBP, Integrated Business Planning). You'll find sections: What is S&OP? How do you benefit from SIOP? Why implement SIOP? Client [...]

Q&A: Why Implement S&OP / SIOP?

Are you concerned about inflationary pressures? Implementing a SIOP process will provide quick access to changing sales volumes and prices as well as manufacturing and supply chain requirements and costs so that you can make directionally correct informed decisions to mitigate inflationary pressures. For example, you could buy ahead [...]

Applying Lessons Learned from Supply Chain Chaos to Thrive in 2022

Manufacturers and distributors struggled mightily with supply chain disruptions and escalating prices in 2021. The significant risks of the global supply chain were not only exposed but aggravated as clients experienced extended lead times, stock-outs, and increased levels of demand and supply volatility. Clients are increasingly wary of their [...]

Interview with Industrial Insights on How SIOP Can Address Business Volatility

Volatility started with the pandemic and has been exacerbated by weather disruptions such as the Texas storms, labor shortages throughout the world, accidents such as the ship that got stuck in the Suez canal, and wars such as the Russia-Ukraine war. The bottom line is that demand volatility is [...]

SAC: Successful Organizations Move Beyond the Great Resignation

"Our most successful clients see employees as their #1 asset," points out Lisa Anderson, president of Claremont, CA-based LMA Consulting Group, Inc. and manufacturing expert known for creating supply chain resiliency. "People don't leave companies; they leave people. Thus, successful companies prioritize people.
2022-05-10T16:33:37+00:00April 2, 2022|Categories: In The News, Innovation, Strategy|
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