As originally published on ExpertClick
CLAREMONT, CALIFORNIA – March 30, 2022 – Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., predicts supply chain disruptions to continue through 2023. She suggests implementing a SIOP/S&OP (Sales and Operations Planning) process to mitigate the swings associated with disruptions. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth.
“You have to get in front of supply chain disruptions. For example, bring in strategic inventory stockpiles and gain available capacity before you need them. While this is simplistic, sometimes simple is what works best. When I was VP of Operations with a plant in a hurricane zone, we brought in excess materials before the hurricane season because we knew supplies would be delayed if a hurricane hit. Once it hits, it’s too late,” Ms. Anderson commented.
There is no doubt that the Ukraine crisis will create further supply chain disruptions. “Ukraine has a huge wealth of natural resources. They are a big supplier of metals and other commodities, which will impact many supply chains. We are already feeling it at the gas pump. That is why it is so important that companies look holistically at their supply chains. The supply chain is integrated within a company – meaning that every department is interconnected to the supply chain. It is also interconnected with customers and suppliers. Implementing a SIOP process (sales, inventory and operations planning) to proactively align all departments, customers, suppliers and other supply chain partners will result in predicting demand, setting customer expectations, planning resources and capacity, and smooth supply spikes while improving cash flow and increasing profitability. It can be done, and the rewards can be significant,” she said.
Ms. Anderson recently released a Special Report: Thriving in 2022: Learning from Supply Chain Chaos – Insights from 22 Trusted Advisors. This special report includes supply chain insights and perspectives from Ms. Anderson and 22 advisor experts who have supported clients through the supply chain upheavals of 2020 and 2021. The report is available at no charge from the LMA Website.
About LMA Consulting Group – Lisa Anderson, MBA, CSCP, CLTD
Lisa Anderson is the founder and president of LMA Consulting Group, Inc., specializing in manufacturing strategy and end-to-end supply chain transformation. She focuses on maximizing the customer experience and enabling profitable, scalable, dramatic business growth. Ms. Anderson is a recognized Supply Chain thought leader by SelectHub, named a Top 40 B2B Tech Influencer by arketi group, a Top 50 ERP Influencer by Washington-Frank, one of the most influential in Supply Chain by SAP and a woman leader in Supply Chain by RateLinx. She was recently interviewed on Fox News, in early 2021published a Special Report, Emerging Above & Beyond: 21 Insights from Manufacturing, Supply Chain & Technology Executives, the ebook, Future-Proofing Manufacturing & the Supply Chain Post COVID-19, and her primer, I’ve Been Thinking, strategies for creating bold customer promises and profits. A contributor on topics including a superior customer experience with SIOP, advancing innovation, and making the supply chain resilient, Ms. Anderson is regularly interviewed and quoted by publications such as Industry Week, Bloomberg, and the Wall Street Journal. For information, to sign up for her Profit Through PeopleTM Newsletter or for a copy of her book, visit LMA-ConsultingGroup.com.