Sales forecasting, also known as demand planning, is integral to achieving profitable growth. To ensure superior service and operational performance, visibility into customer and operational requirements is a must.
Lisa Anderson shares expert views on AI in supply chain planning, forecasting, SIOP, and real-time inventory visibility in a new publication from Intelligent Enterprise Leaders Alliance: 'AI & Analytics in Supply Chain'.
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.
Executive interest in transforming their supply chain has increased to heightened levels. The pandemic highlighted the risks in the end-to-end supply chains.
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.
Frazier Industrial partnered with LMA Consulting Group to improve visibility across customer demand, production planning, capacity, and order fulfillment. Through ERP enhancements, advanced planning tools, scheduling improvements, and SIOP-driven decision-making, the company stabilized operations, improved customer service, and created a stronger foundation for growth.
Avtron Power Solutions partnered with LMA Consulting Group to improve capacity planning, optimize SAP Business One, strengthen MRP capabilities, and implement a proactive SIOP process. The result was greater visibility into future demand, improved customer commitments, right-sized inventory, and a scalable foundation that supported record revenue growth.
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.
