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Manufacturing

Production Scheduling Best Practices Drive Increased Customer Service, Operational Efficiencies & Inventory Turns

Manufacturing has struggled to produce what customers want on-time without spending a fortune and tying up excess cash unnecessarily in the wrong, "just-in-case" inventory. It is a tough environment spiraling out of control with supply chain chaos.

Are You Managing Inventory or Is Inventory Managing You?

As executives continue to navigate these volatile economic conditions, the focus on inventory management increases. It is especially tough to determine what to do if you don't know if sales opportunities will dramatically increase as the competition falters and consumers drive demand or if sales will tank as recession fears increase and business optimism falters.

Manufacturers are Remaining Positive Amidst Chaos

According to the National Association of Manufacturers (NAM), 82% of manufacturers remain at least somewhat positive about their company's outlook. This statistic is especially interesting since 59% thought continued inflation would make a recession more likely in the next 12 months. Perhaps manufacturing should be even more positive as [...]

Material Planning Best Practices to Proactively Manage Cost & Service

Since the pandemic, it has been a constant battle to ensure material availability, let alone to proactively manage cost and service. Even the most proactive and successful clients have experienced brief shortages of key materials and extended lead-times. The rest have been plagued with these issues.

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.
2024-01-24T20:55:55-08:00May 10, 2022|Categories: ERP & Related Technologies, In The News, Manufacturing|Tags: , |

5P Accelerator Process to Fast-Track Growth & Profits During Business Volatility

Our most successful clients are constantly thinking about how to thrive in ever-changing, volatile conditions.  They cannot afford to wait to see what is working for their competitors and then go "all in". Instead, only those who are resilient, innovative, and thinking five steps ahead will thrive in the next decade. 

Proactive Planning to Grow & Scale

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.

Capacity Planning Best Practices to Support Sales Growth

Sales Growth: Can Operations & Supply Chain Keep Up? Almost every client has the opportunity to grow substantially. The question is whether their operations and supply chain can keep up. Unfortunately, across the board, planners are wringing their hands to expedite orders, prioritize customers, schedule additional production, understand the [...]

Disruptions, War, Inflation. 83% Reshoring/ Nearshoring

According to Thomas, 83% of manufacturers are likely or extremely likely to reshore vs. 54% in 2020. What an increase! Apparently, companies have figured out that there is significant risk in the extended supply chain. Companies have experienced extended lead times, shortages, and significant disruption. The ones that want [...]

Production Planning Best Practices to Recover Capacity

Every production planner has the challenging job of managing a complex set of conflicting priorities - meeting customer requested ship dates and new product trials, supporting manufacturing and logistics performance objectives, and addressing finance's objectives as it relates to inventory levels and cash flow.
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