Every client wants to support growth goals while improving service levels (OTIF, on-time-in-full), operational efficiencies and inventory turns. These are timeless objectives for every planner. During the pandemic, the priorities shifted to service levels because clients struggled to keep up with dramatic increases in demand and extreme volatility.
Lisa Anderson was interviewed by Lucie Newcomb for the podcast series “Staying Global While Staying Home”. They addressed the topic of the state of the global supply chain and strategies to successfully navigate with Sales & Operations Planning (S&OP / SIOP) with an emphasis on getting a handle on demand volatility. [...]
Clients and colleagues are seeing record increases in sales revenues and pricing. There are several operational and supply chain priorities required to be ready to absorb additional sales. A critical priority includes SIOP (Sales Inventory Operations Planning).
In today’s manufacturing environment, uncertainty has become the norm. Geopolitical disruption, inflation, changing customer expectations, labor shortages, and volatile demand patterns are forcing manufacturers and distributors to make faster and more coordinated decisions than ever before. Companies that continue operating in reactive silos frequently struggle with excess inventory, [...]
Capacity planning is the structured process of determining whether your organization has the resources required to meet your demand plan and support your revenue growth goals. Capacity plans analyze machinery and equipment, labor and skills, facilities and space, and suppliers and supply chain partner capabilities to ensure you can [...]
We have entered a new era of with inflationary pressures. It started during the pandemic due to limited supply, but it has been spurred on with the rising oil and gas prices, commodity shortages, and rising food prices. Navigating successfully through these inflationary times will make the strong companies [...]
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc. joins Industrial Insights with Justin Smith to discuss how sales, inventory and operations planning (SIOP/ S&OP) can help companies overcome supply chain disruptions and thrive post pandemic.
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.
We are in a new era with more opportunity to grow than ever before. COVID is largely in the rear-view mirror, and the strong companies are getting stronger. Consumers have returned to the scene and are robust purchasers of products, homes and services. Are you ready to grow and scale? Have you taken control of your end-to-end supply chain so that you can take advantage of the opportunities?
Sales and operations planning is a dark art, and most organizations typically have a very ad-hoc process of forecasting due to its nature. But it's critical to be directionally correct with your plan. Or you might end up missing opportunities or losing customers. [...]
