To thrive post COVID, manufacturing resilience will be cornerstone. Customers expect personalization, customization, and rapid deliveries without disruption, and they will change suppliers, substitute products and do whatever is required to satisfy their customers or get what's needed. For example, although the preference is for online purchasing, consumers will return to stores to ensure quick, reliable supply of critical items.
In working with clients across multiple industries including industrial equipment, food and beverage, building and construction products and healthcare products, there is no doubt that clients using a SIOP (sales, inventory and operations planning) and integrated business planning process are pulling away from the competition.
Schenck partnered with LMA Consulting Group to connect customer demand with operational execution through SIOP, CRM, CPQ, and SAP. The result was greater visibility and predictability across the business, enabling the company to double output in a critical manufacturing area, reduce inventory by 50%, grow more than 20%, and sustain customer service throughout the pandemic.
According to an informal survey of manufacturers, distributors and healthcare executives, the #1 issue that is top of mind is how to scale successfully. Our clients are growing. For example, those in the building and construction products industry are experiencing significant growth fueled by the pandemic; those in e-commerce [...]
If you aren't seeing the end-to-end supply chain as strategic, you will miss your opportunity to get ahead of the competition and grow as rapidly as you otherwise could! How quickly can you scale with increasing sales volume? [...]
Robert J. Bowman, editor-in-chief of SupplyChainBrain and I recently talked about how to stabilize the supply chain. We talked about your customers’ customers, your suppliers’ suppliers, how to access them, whether they’ll share data, how technology can help, how SIOP can help and more. Listen to our conversation. [...]
Lisa Anderson, founder and president of LMA Consulting Group Inc., offers advice on how supply-chain managers can function efficiently in a time of deep uncertainty – and why's it's vital to achieve visibility of both customers and suppliers. The first step toward stabilizing the supply chain is to reach out [...]
COVID has disrupted every business. Some are growing far faster than supply can keep up while others have dropped like a rocket. Still others have almost identical dollar volume yet double the number of orders at half the order size, creating significant disruption in warehousing, shipping and transportation. [...]
After receiving a call from a CBS affiliate asking about what's going on in the food industry, we thought it would make for an interesting deep dive. In addition, we have been working with companies from farm to table and from machinery equipment to logistics/ food service distribution and [...]
Every organization needs to be focused on supply chain efficiency, particularly in today’s landscape, where consumers (both B2B and B2C) increasingly demand rapid fulfillment and hassle-free exchanges with the companies they do business with. When efficiency is lacking, companies lose valuable customers to their competitors – often those that [...]
