In thinking about the answer to the question, "What if you sell more?", most sales people would cheer. Most accountants would add up the additional revenue and profit. And, often, the Operations resources would be glad the leaders are in a good mood. But does anyone know if we are set up to successfully handle the increased sales if they occur?
When we look back over the last 13 years of consulting with closely-held building products manufacturers to medium, private-equity backed food and beverage firms to large aerospace corporations, every single client has one goal in common – achieving scalable, profitable growth. It sounds somewhat easy but is far from simple in reality.
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.
Have questions about SIOP? Explore our growing SIOP FAQ to find answers to common questions about implementation, technology, KPIs, business outcomes, inventory, profitability, forecasting, and more.
Although evaluating your supply chain readiness is paramount to support growth, there is no reason to wait for your customers to request an audit.
