In an environment defined by volatility and rising expectations, predictability has become a competitive advantage. Companies that consistently deliver on revenue, service, and profitability don’t rely on reactive decision-making; instead, they operate with a disciplined, forward-looking planning process. A well-designed SIOP (Sales, Inventory & Operations Planning) playbook provides the [...]
Despite all of our hopes for a post-COVID future, in 2022, the world did not return to normal. New disruptions slowed the recovery significantly and inflation created new complications. According to a 2022 report from Interos, supply chain interruptions have cost companies an average of $182 million in lost revenue this year.
The Wall Street Journal recently issued an article about how supply chains upended by COVID are back to normal. “There is no such thing as normal, despite the fact that supply chains are looking at COVID in the rearview mirror. While suppliers may be more consistent at the moment, customer expectations have changed.
Since I was preparing for a meeting related to healthcare supply chains, I dug deep into the topic and thought it would be valuable to share the findings. In reviewing baby Tylenol /Motrin to adult diapers to medtech and pharmaceticals, supply chain disruptions have eased in some areas but [...]
Companies must develop proactive and clear strategies that help them stay ahead of the ever-changing disruptions within the supply chain.
According to the Wall Street Journal, supply chains are back to normal. We do NOT agree. Using a take-off from Monty Python, supply chain disruption is not dead yet.
Supply chain has become an excuse. Although there has certainly been a slew of supply chain challenges that carry on with baby formula shortages, rail backlogs, computer chip issues, hurricane induced delays, fertilizer scarcity, and China’s zero-COVID policy delays, supply chain should no longer be the excuse. Only the [...]
Snarled supply chains throughout 2021 had industry hoping 2022 would be smoother, yet analysts said it would last into 2023 or longer. Lisa Anderson offers her insights about how 2023 is looking.
At its simplest, labor scheduling is determining which people (and which skills) you should have at which sites at which work centers at what time (shift) to ensure the right products can be delivered to the right customer at the right time.
Lions, tigers, and bears, oh my! Wars. Communist threats. Rail strikes barely averted. A severe oil and gas crisis. Inflation soaring. Interest rates rising. Severe weather and stranded passengers. Shortage of baby’s Motrin. What else?!
