VMI (vendor managed inventory) is the process where the supplier manages the customer's inventory so that the customer has the "right" item in the "right" place at the "right" time to ensure high service levels, efficient and productive operations, and the least amount of inventory tied up unnecessarily. The best VMI programs ensure that the end-to-end supply chain gains with both the supplier and the customer achieving improved results or benefits.
How do you plan for demand when every order is custom? In this episode of Supply Chain Chats, Lisa Anderson sits down with Diane Garcia, LMA Senior Associate, to break down Demand Planning for Custom Manufacturing.
Manufacturers are focused on successfully navigating continually changing conditions to serve customers while driving profitable growth. End-to-end supply chains are evolving, creating shifting demand patterns and customer order volatility.
Common sense is uncommon. Lately common sense seems to be in short supply. However, it is worth pursuing as there is a powerful return on investment (ROI) in using common sense.
At Frazier Industrial, staying ahead of customer demand is critical. Christina Walz, Director of Strategic Production Planning explains how Frazier streamlined processes, improved planning visibility, and enhanced order fulfillment across manufacturing, sales, and engineering with the help of LMA Consulting. Watch how strategic process improvements are transforming operations and delivering greater customer value.
Rahul Jhalawad, CFO of Avtron Power Solutions, shares his experience working with LMA Consulting Group to address critical business challenges. Learn how LMA’s expertise helped identify key focus areas, implement actionable strategies, and drive measurable results for their team.
The LA County fires are leaving a lasting impact on supply chains. In this Supply Chain Byte, Lisa Anderson discusses the challenges businesses face and actionable steps companies can take to adapt and maintain resilience during this crisis.
Lisa Anderson warns that the recent devastating fires in Los Angeles County will have far-reaching impacts on supply chains well beyond the immediate area. With over 100,000 people displaced and critical infrastructure, IT systems and power grids affected, businesses across industries must prepare for disruptions that could persist for months.
Consumer spending is on the rise, and it’s affecting supply chains. In this Supply Chain Byte, Lisa Anderson highlights the key factors—like logistics—you need to consider to stay prepared and keep your supply chain agile.
As revenues remain volatile, disruptions plague supply chains, and interest rates remain high, executives' ability to build revenue, margin and working capital predictability and improvement takes on an elevated importance.
