Forecasting in Flux: Importance of Supply Chain Flexibility
Lisa Anderson of LMA Consulting Group was quoted in a Harvard Business Review report about supply chain volatility and uncertainty that are part of the new normal.
Effective Backlog Management to Rapidly Improve Service
Customer service has suffered in the last few years. Yet providing a superior customer experience is paramount to success especially during these turbulent times of volatility, uncertainty, complexity and ambiguity (VUCA).
Predictable Revenue & Resilient Operations for Manufacturing Success
Manufacturing is in a state of flux. After seven straight months of contraction in manufacturing, it is not surprising manufacturers are thinking about cutting back. On the other hand, in many industries, manufacturers continue to have a robust backlog and are growing faster than their capacity.
Strategies for AI in Manufacturing & Supply Chain
ChatGPT and generative artificial intelligence have rapidly moved into the spotlight, sparking both excitement and concern across manufacturing and supply chain organizations. Leaders are asking a practical question: is this technology a game changer or a risk? While AI offers the potential to streamline processes, enhance decision-making, and improve [...]
Right-size Inventory to Thrive During Inflationary & Recessionary Times
In a business environment marked by inflation, rising interest rates, and economic uncertainty, inventory decisions have never carried more weight. Too much inventory ties up cash and erodes margins, while too little risks lost sales and dissatisfied customers. The challenge is no longer simply managing inventory—it is right-sizing it [...]
Building a Recession-proof Strategy for Your Supply Chain
Lisa Anderson, manufacturing and supply chain expert and president of LMA Consulting Group discusses practical insights on how to unlock operating capital and fuel growth.
Upgrade Demand Planning Processes & Software to Navigate Economic Challenges
During times of volatility including inflation and recession, forecasting future sales becomes even more vital than it is during regular business cycles. Emerging from the pandemic, the global markets have experienced rising costs and significant demand. In the U.S. [...]
Navigating Current Global Business Challenges with SIOP & Demand Volatility
Lisa Anderson was interviewed by Lucie Newcomb for the podcast series “Staying Global While Staying Home”. They addressed the topic of the state of the global supply chain and strategies to successfully navigate with Sales & Operations Planning (S&OP / SIOP) with an emphasis on getting a handle on demand volatility. [...]
Production Planning Best Practices to Recover Capacity
Every production planner has the challenging job of managing a complex set of conflicting priorities - meeting customer requested ship dates and new product trials, supporting manufacturing and logistics performance objectives, and addressing finance's objectives as it relates to inventory levels and cash flow.
How SIOP Powers Growth During Supply Chain Disruption
A building products company missed several million dollars in revenue last year because they couldn't meet the demand. Unfortunately, this was a common occurrence. Sales increased dramatically, and they couldn't scale up their manufacturing operations and adapt their purchase requests quickly enough to take advantage of the opportunity.