Logistics costs have been staggering. According to the 33rd Annual State of Logistics report produced by the Council of Supply Chain Management Professionals by the global consulting firm Kearney and presented by Penske Logistics, U.S. business logistics costs rose by 22.4% last year.
In this discussion we explore some of the challenges and remedies that companies across the sectors are encountering as they face into the post-COVID future and the challenge of a never normal world with ongoing supply chain disruptions, geopolitical tensions, and climate change.
"SIOP" stands for Sales, Inventory, Operations Planning (SIOP). Depending on the industry or organization, you may also hear it referred to as “S&OP” or Sales and Operations Planning. Sometimes, it is even referred to as “IBP” or Integrated Business Planning. Typically, they mean the same thing. The most important words to emphasize are planning and alignment.
Even with the ports open, getting the materials off the containers is still a challenge, especially as the trucking industry remains a drivers’ market. “You have to send the trucks to the appropriate terminals,” comments Lisa Anderson, Manufacturing and Supply Chain Expert, MBA, CSCP, CLTD, president of LMA Consulting Group Inc.
Lisa Anderson, Manufacturing and Supply Chain Expert interviews Patrick Daly, Founder and Managing Director of Alba Consulting Dublin, Ireland. Listen as they discuss the supply chain in the EU and changes with Brexit.
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., talks about how the supply chain got out of alignment, stemming from the pandemic. In essence, everything is in the wrong place.
Manufacturing and supply chain expert, Lisa Anderson, president of LMA Consulting Group Inc., predicts manufacturing as a service (MaaS) will emerge as a result of that manufacturing transformation that is replacing the more traditional manufacturing model.