Making the appropriate business decisions will make or break success. Executives get paid the big bucks to make these decisions. Unfortunately, one poor decision can outweigh thousands of good ones rapidly. SIOP (Sales Inventory Operations Planning), also known as S&OP, is a tool that will optimize these tradeoffs for effective decision making.
Manufacturing is on a downward trend after eight months of PMI (purchasing manager's index) below 50. It dropped to 46 in June. China's manufacturing also shrank for a third month in a row to a PMI of 49. Yet manufacturers backlogs remain relatively robust in many industries, leading executives perplexed on what to do about capacity shortfalls.
The best companies focus on production scheduling. Even though Production Schedulers aren't typically highly paid positions, the function will make or break your ability to serve customers, improve operational performance and accelerate cash flow. Thus, it should be a key priority if you want to achieve profitable growth.
Supply chain disruptions and inflation continue to challenge manufacturers, but reactive decisions don't have to. Learn how SIOP creates the predictability needed to reduce shortages, manage inflationary pressures, improve profitability, and support sustainable growth.
At its simplest, labor scheduling is determining which people (and which skills) you should have at which sites at which work centers at what time (shift) to ensure the right products can be delivered to the right customer at the right time.
Lisa Anderson's press release about the reshaping of supply chains was picked up by CSCMP. Rightsizing and balancing inventories is becoming essential to success especially with increasing interest rates.
Geopolitical risk and supply chain disruptions are accelerating the manufacturing renaissance. Learn why companies are reshoring, nearshoring and expanding manufacturing capacity closer to customers to strengthen resilience and mitigate risk.
Manufacturers face ongoing supply chain disruptions, shortages and geopolitical risks. Lisa Anderson explains why resilience, diversified sourcing and greater supply chain control are essential to staying ahead.
Capacity planning is critical in complex and volatile environments. Lisa Anderson joined supply chain leaders to discuss how aligning people, equipment, suppliers and logistics capacity with demand can improve predictability, customer service and operational performance.
Capacity planning is critical as manufacturers navigate volatile demand, extended lead times and supply chain disruptions. Learn how leaders are addressing capacity constraints through nearshoring, productivity improvements, workforce strategies, technology and rapid scaling.
