Taking your supplier / customer relationships to the next level of partnership is integral to supporting profitable growth with exceptional customer service and cash flow (ie. inventory turns) levels. Vendor managed inventory (VMI) can be integral to maximizing revenue/ service, profitability, and working capital.
As companies are concerned about declining backlogs, they are searching for solutions to keep top talent and stop the bleeding. Executives are using SIOP to maximize margins while preparing to scale up successfully for a manufacturing resurgence.
Check out Lisa Anderson's new ebook, AI & Advanced Technologies in Manufacturing, how manufacturers and distributors can harness AI and advanced technologies to drive business performance, customer value, and bottom-line results.
I was interviewed by the Intelligent Enterprise Leaders Alliance for their latest publication recently. Industry 4.0 is the next frontier of smart manufacturing. In the interview we discussed the smart way to embrace industry 4.0 with targeted, tactical, and transformative projects.
Generative AI won’t fix everything—and many projects miss the mark. In this quick Byte, Lisa Anderson explains why leaders should resist blanket rollouts, choose one well-scoped use case, and engage the people who do the work so AI boosts productivity instead of creating noise.
"SIOP" stands for Sales, Inventory, Operations Planning (SIOP). Depending on the industry or organization, you may also hear it referred to as “S&OP” or Sales and Operations Planning. Sometimes, it is even referred to as “IBP” or Integrated Business Planning. Typically, they mean the same thing. The most important words to emphasize are planning and alignment.
Increasing inventory levels is seen as a trade-off with service and efficiency levels; we find that a win-win-win is achievable. The key: Have the right inventory in the right place at the right time and gain a predictive view of demand to optimise your schedules to reduce inventory while increasing service and efficiency.
Lisa Anderson is weighing in on the recently passed One Big Beautiful Act, a sweeping piece of legislation aimed at stimulating domestic business investment and revitalizing U.S. manufacturing.
Congress passed what has been referred to as the "One Big Beautiful Bill (OBBB)", and it has been signed into law. There are far-reaching implications for manufacturers and supply chain organizations. The bottom line is that it is expected to spur growth and success with tax benefits and supporting incentives.
Sales forecasting, also known as demand planning, is integral to achieving profitable growth. To ensure superior service and operational performance, visibility into customer and operational requirements is a must.
