Do you have backup transportation built into your model? Are you considering additional transportation partners such as third-party logistics providers (3PL) and brokers? Perhaps they shouldn't be considered a last resort.
According to ISM (Institute of Supply Management), manufacturing expanded more than it has in 14 years in February - it is on fire!
Factories across the globe are showing signs of strain in keeping up with demand. China, Germany, France, Canada, the UK and the US all show that capacity might not be keeping up with supply.
SIOP guides strategic forecasting to determine the optimal horizon for planning and future-proofing your supply chain operations.
This SIOP webinar helps you streamline sales, inventory, and operations planning, enhancing business agility and market responsiveness.
SIOP cannot succeed as a supply chain initiative alone. Learn which resources from Sales, Operations, Supply Chain, Finance, and other functions should be involved in the SIOP process and how cross-functional alignment around one plan supports predictable revenue, profitability, and customer service.
Although evaluating your supply chain readiness is paramount to support growth, there is no reason to wait for your customers to request an audit.
One of those frequent and frustrating problems with growth can be space. Who has heard, "I've run out of space! What should we do?". Unfortunately it is not uncommon.
Businesses with growth ambitions have to gauge the current capacity of every facet of their facility to plan future productivity
