Demand and supply are out of whack to say the least. Manufacturers that supply toilet paper, food, healthcare products and other essential goods are seeing a surge in demand whereas those that don't are seeing demand plummet. China was under lock down previously (causing a delay in the [...]
Learn how implementing SIOP can drive revenue predictability and growth for your business with these insights from Lisa Anderson.
Unlock growth in manufacturing supply chain with future-proofing strategies. Ensure alignment, visibility, and collaboration for success.
Clients and colleagues have demonstrated a heightened interest in inventory reduction recently; however, they are not yet seeing the full value! Certainly, with everyone worried about a potential recession in 2020, they are starting to think about not tying as much cash up in wasted inventory but that is not the 100-pound gorilla. The real question is why we are thinking about corporate mandates and full warehouses instead of seeing the big picture that we should reevaluate our supply chain.
Supply chain resiliency requires acute attention to inventory and cost pressures for manufacturers and distributors.
According to a Hackett group study, the benefits of SIOP (Sales, Inventory & Operations Planning) can be dramatic.
SIOP is not a quick resolution; however, you can make quick interim progress. Similar to safety, it must become part of your day-to-day culture.
Discover the critical role SIOP alignment plays in harmonizing sales, operations, and finance for improved outcomes.
Mission Rubber partnered with LMA Consulting Group to improve customer service, reduce seasonal disruptions, and create a more stable operation. Through SIOP, capacity planning, improved ERP utilization, and strategic inventory planning, the company improved service levels, stabilized its workforce, and strengthened operational performance throughout the year.
As we head into a New Year, it makes sense to take stock and think about your supply chain shortlist. To get you started, we've developed a list of SIOP (Sales Inventory Operations Planning) related questions to ponder: Do you consider your supply chain from the holistic point-of-view? From [...]
