We are thrilled to introduce our S&OP webpage with everything you need to know about Sales and Operations Planning (also known as SIOP, Sales, Inventory and Operations Planning or IBP, Integrated Business Planning). You'll find sections: What is S&OP? How do you benefit from SIOP? Why implement SIOP? Client [...]
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, [...]
Volatility started with the pandemic and has been exacerbated by weather disruptions such as the Texas storms, labor shortages throughout the world, accidents such as the ship that got stuck in the Suez canal, and wars such as the Russia-Ukraine war. The bottom line is that demand volatility is [...]
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 [...]
CLAREMONT, CALIFORNIA – March 30, 2022 – Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., predicts supply chain disruptions to continue through 2023. She suggests implementing a SIOP/S&OP (Sales and Operations Planning) process to mitigate the swings associated with disruptions. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth.
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.
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?
A building products company missed several million dollars in revenue last year because they couldn't meet the demand. Unfortunately, this was a common occurrence. Sales increased dramatically, and they couldn't scale up their manufacturing operations and adapt their purchase requests quickly enough to take advantage of the opportunity.
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. [...]
