LMA Introduces Services Framework to Help Manufacturers Clarify Supply Chain Priorities
Introducing a new services framework that helps manufacturers better understand and tackle the complexity of their supply chains.
Introducing a new services framework that helps manufacturers better understand and tackle the complexity of their supply chains.
The world is VUCA-laden (volatility, uncertainty, complexity, ambiguity) and trending to greater volatility as risk heightens, supply chains unravel and short-term priorities remain intact.
VMI (vendor managed inventory) is the process where the supplier manages the customer's inventory so that the customer has the "right" item in the "right" place at the "right" time to ensure high service levels, efficient and productive operations, and the least amount of inventory tied up unnecessarily. The best VMI programs ensure that the end-to-end supply chain gains with both the supplier and the customer achieving improved results or benefits.
One of the most common issues executives raise is the inability to secure reliable delivery dates upfront when communicating with customers and taking orders. Clearly, this bottleneck results in frustration and the potential for lost orders as customers demand reliable delivery dates, stable lead times, and expedited performance.
How do you plan for demand when every order is custom? In this episode of Supply Chain Chats, Lisa Anderson sits down with Diane Garcia, LMA Senior Associate, to break down Demand Planning for Custom Manufacturing.
Manufacturers are focused on successfully navigating continually changing conditions to serve customers while driving profitable growth. End-to-end supply chains are evolving, creating shifting demand patterns and customer order volatility.
At Frazier Industrial, staying ahead of customer demand is critical. Christina Walz, Director of Strategic Production Planning explains how Frazier streamlined processes, improved planning visibility, and enhanced order fulfillment across manufacturing, sales, and engineering with the help of LMA Consulting. Watch how strategic process improvements are transforming operations and delivering greater customer value.
Rahul Jhalawad, CFO of Avtron Power Solutions, shares his experience working with LMA Consulting Group to address critical business challenges. Learn how LMA’s expertise helped identify key focus areas, implement actionable strategies, and drive measurable results for their team.
Every CFO seems to wonder why they spend millions on ERP upgrades yet critical decisions seem to boil down to spreadsheets.
Fulfilling customer demand successfully is not as easy as it was prior to this volatile, uncertain, complex, and ambiguous (VUCA) environment. As supply chain disruptions continue to rage, planners jump through hoops, expedite, and are a bit frazzled trying to support customer requirements while meeting operational objectives, pushing back when needed on sales commitments, and addressing cost concerns.