As manufacturing rebounds amid continued geopolitical uncertainty, real-time supply chain visibility has become essential to operational resilience. These companies can respond quickly to changing conditions and gain insights into what’s coming down the pike so that they can provide superior customer service and grow revenue and EBITDA.
The sales order is one of the most critical signals in demand and supply management because it represents committed customer demand. It isn't a projection but an order the company must fulfill. In a well-run supply chain, the sales order becomes the anchor that aligns demand with supply decisions as it ties customer needs with planning, inventory, and operations.
In this Supply Chain Byte, Lisa Anderson explains why sales forecasting must start with customers. By talking directly with customers, reviewing their forecasts, evaluating quotes, watching trends and incorporating demand plans into their SIOP process, manufacturers can plan to support growth and reliably meet customer expectations.
The storm that blanketed the U.S. had impacts that reverberated throughout the supply chain. Artificial intelligence and advanced technologies can refocus efforts from reactive to proactive and improve the outcome for people and mitigate further supply chain disruptions.
For companies to be profitable, demand and supply must be closely aligned. When they are not, inefficiencies, excess inventory, missed shipments and margin erosion follow. In this Supply Chain Byte, Lisa Anderson explains why aligning demand and supply is key to an efficient supply chain—and why the most effective way to achieve it is through a disciplined SIOP process.
As we close in on year-end, successful manufacturers are focused on executing proactive plans. Learn about the strategies the best companies are using to accelerate the pace and separate from the pack. The ability to scale, provide customer value and gain EBITDA will drive success in the New Year.
In this Supply Chain Byte, Lisa Anderson explains why manufacturers must upskill their workforce not only to improve efficiencies and reduce low-level work done by highly skilled employees, but also to preserve critical knowledge as Baby Boomers retire.
In this Supply Chain Byte, Lisa Anderson explains recent breakthroughs in quantum computing, how supply chains can leverage this powerful technology and what manufacturers can do now to prepare and take advantage of these and other emerging technologies.
Taking your supplier / customer relationships to the next level of partnership is integral to supporting profitable growth with exceptional customer service and cash flow (ie. inventory turns) levels. Vendor managed inventory (VMI) can be integral to maximizing revenue/ service, profitability, and working capital.
As companies are concerned about declining backlogs, they are searching for solutions to keep top talent and stop the bleeding. Executives are using SIOP to maximize margins while preparing to scale up successfully for a manufacturing resurgence.
