"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.
Supply chain visibility allows companies to track and access real-time data across every tier of the supply chain, from raw materials at your suppliers' supplier to delivery of finished goods to your end customer. Supply chain visibility has become of paramount importance to ensure customer satisfaction and to profitable growth.
Artificial intelligence is not only integral to manufacturing, distribution, mining, and forging, but it will also power productivity and enhanced customer value across every company in the future. Thus, it is an imperative to pay attention to current uses of AI and to think strategically about AI applications to drive productivity, profitability and performance.
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'.
Why MRP Isn't Fully Utilized As we pay attention to trends across our clients and prospective clients, we are noticing a lack of understanding of why MRP (material requirements planning) isn't being fully utilized as depicted in our article "Case Study in Fueling Productivity, Profitability, & Performance with ERP [...]
Advanced Technologies for Forward-Looking Companies Forward-looking companies are pursuing advanced technologies to ensure superior customer value, address labor shortages, and deliver bottom line results. From robotics to advanced planning and forecasting systems, leverage ERP system and advanced technologies can fill gaps, automate processes, and enable superior functionality. Not [...]
Introducing a new services framework that helps manufacturers better understand and tackle the complexity of their supply chains.
In this VUCA (volatile, uncertain, complex, and ambiguous) laden supply chain environment, the successful companies leverage the power of speed and acceleration. Resiliency is required to survive in times of heavy disruption.
We are excited to announce the launch of Supply Chain Power: A Playbook for Executives — an exclusive, hands-on program designed to help C-suite leaders unlock the full potential of their supply chains
LMA Consulting Group is excited to introduce Supply Chain Power: A Playbook for Executives — an exclusive, hands-on program designed to help C-suite leaders unlock the full potential of their supply chains.
