The value of MRP (material requirements planning) remains intact no matter the company size or industry. Determining how to automate the process, utilize the MRP system and potentially further enhance it with artificial intelligence and advanced technologies can yield powerful results.
In this Supply Chain Byte, Lisa Anderson explains why manufacturers must upskill their workforce not only to improve efficiencies and reduce low-level work done by highly skilled employees, but also to preserve critical knowledge as Baby Boomers retire.
As companies navigate tariffs, geopolitical risks and high interest rates, there is an emphasis on reducing costs and inventory levels to free up cash and maintain profit levels while successfully serving customers’ ever-changing needs. The most successful companies are upgrading their planning processes and rolling out automation and advanced technologies.
Why MRP Isn't Fully Utilized As we pay attention to trends across our clients and prospective clients, we are noticing a lack of understanding of why MRP (material requirements planning) isn't being fully utilized as depicted in our article "Case Study in Fueling Productivity, Profitability, & Performance with ERP [...]
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.
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.
Disruptions abound no matter the supply chain. Aerospace has been particularly hard hit. Boeing's issues have plagued them the entire year.
