SIOP (Sales Inventory Operations Planning) is proving to be a critical tool for clients in successfully navigating volatile and complex business environment turbulence. Tariffs have thrown a wrench into demand and supply plans.
Discover why hiring a SIOP consultant can transform your company. Learn what to look for in an expert and how to ensure a successful SIOP implementation.
Like almost every manufacturing sector, the building and construction products industry generally worked through their backlog, focused on margins, and experienced an overall drop in customer demand last year, yet expect a positive year ahead.
Lisa Anderson, president of LMA Consulting, participated in a panel discussion on the garment industry to discuss the current status, expected tariffs, implications, and strategies for success.
Lisa Anderson, a supply chain expert and president of LMA Consulting, told BI she expects the overall effect of the tariffs to be "mildly inflationary," with some of the worst economic effects tempered by the recent trade deal, but ultimately "each industry or company could have a wildly different outcome."
In this Supply Chain Byte, Lisa Anderson, president of LMA Consulting Group, breaks down how evolving trade dynamics are influencing companies. Whether you're navigating new tariffs or evaluating the opportunities, this quick Byte will help you prepare for what's next.
Over the last two weeks, we participated in three supply chain summits, conferences and/or annual meetings (with a west coast bent), and so we thought we'd pass on the key highlights and action items most relevant to our clients and colleagues.
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.
In today's VUCA-laden (volatility, uncertainty, complexity, ambiguity) environment, every executive must focus on common sense solutions that cut through the sludge to deliver increased productivity, profitability, and performance. Only those companies that are prepared to pivot and enhance customer value while delivering bottom line results will thrive in the [...]
Executive interest in transforming their supply chain has increased to heightened levels. The pandemic highlighted the risks in the end-to-end supply chains.
