Manufacturing and Distribution Expert, Lisa Anderson, Confirms Inventory, Cost and Logistics Pressures in Supply Chain
Supply chain resiliency requires acute attention to inventory and cost pressures for manufacturers and distributors.
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.
Insights into the role of supplier negotiation in strengthening supply chain resilience and business partnerships.
Think carefully about your real objective. Are you truly interested in cost cuts? For my part, I have yet to hear of a company vision, mission, or strategy that’s related to cutting costs.
People and companies have more choices than ever before. If you wish to remain in the race, quality must be more than an assumption; it must become a strategic focus.
Just because many manufacturers are seeing a positive outlook to the future doesn't mean it will turn into a reality unless we back up the talk with action.
Have you put your organization under review to look for ideas and solutions that may be right in front of you? Take a step back and look for those strategic weapons with an eagle eye at improving performance and your bottom line.
Customer service should rise to the top of your list in terms of priorities - assuming you want to maintain and grow your business and/or would like to enjoy your work life
Focus on operational cost reduction strategies to continue growing efficiently while also giving yourself pricing wiggle room.
Businesses should always look for ways to increase cash flow.