It is past time to ensure your supply chain is ready for growth. As companies scale up, shortages and lead times are extending. Develop plans to take advantage of the opportunities by preparing your supply chain to scale.
As companies experience slowing backlogs, high interest rates, and inflationary spikes in costs over the last few years, revving up sales and keeping margins intact has become of paramount importance.
Sales forecasting, also known as demand planning, is integral to achieving profitable growth. To ensure superior service and operational performance, visibility into customer and operational requirements is a must.
The Strait of Hormuz is a geopolitical chokepoint — and a critical reminder of why advanced supply chain planning is non-negotiable. In this Supply Chain Byte, Lisa Anderson highlights the ripple effects that disruptions in this narrow strait can cause and how strategic planning, risk assessment and scenario modeling help companies stay ahead.
Introducing a new services framework that helps manufacturers better understand and tackle the complexity of their supply chains.
In this VUCA (volatile, uncertain, complex, and ambiguous) laden supply chain environment, the successful companies leverage the power of speed and acceleration. Resiliency is required to survive in times of heavy disruption.
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.
Is your supply chain as strong as your weakest link? True supply chain resilience means looking beyond your immediate partners. From suppliers’ suppliers to contract manufacturers and logistics providers, visibility and alignment are critical. Lisa talks about 4 key areas of immediate importance in manufacturing.
LMA Consulting Group is excited to introduce Supply Chain Power: A Playbook for Executives — an exclusive, hands-on program designed to help C-suite leaders unlock the full potential of their supply chains.
