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inventory management

Forget About Reducing Inventory; Perhaps You Have the Wrong Supply Chain Strategy

Clients and colleagues have demonstrated a heightened interest in inventory reduction recently; however, they are not yet seeing the full value! Certainly with everyone worried about a potential recession in 2020, they are starting to think about not tying as much cash up in wasted inventory but that is [...]

Is Your Supply Chain Ready for Growth?

When faced with double digit growth, many businesses are stunted because they haven’t prepared their supply chain for growth.Recently, we worked with a large, complex organization to provide an external assessment of the supply chain organization and how well it was prepared to support scalable growth.  It reminded us [...]

Which Business Best Practices Do Top Notch Trusted Advisors See?

Best business practices, this way....In my ProVisors ODAM (Ontario-hosted Distributors and Manufacturers group – don’t you love the play on words?) meeting this month, we discussed business best practices we’ve seen with our manufacturing and distribution clients. It was a fascinating discussion as our group is diverse and consists [...]

What is Walmart Doing?

I sat on a panel of experts for Mobility 21's annual conference titled "Speed to Delivery: Good's Movement's High-Tech Future".  It was a fascinating conference and panel discussion as to the amazing amount of technology being discussed to address the future of transportation.  One of the panelists was the Senior [...]

A Tour of Skechers & Jaw Dropping Savings

August 24, 2017 Recently, I went on a tour of Skechers with my ProVisors group.  We had heard so much about the building and related innovations from the developer, Iddo Benzeevi, previously that we were really excited to see it in action.  There are truly jaw dropping savings - [...]

Wisconsin Provides HUGE Incentives to Lure Apple Manufacturer

Wisconsin granted $3 billion in tax incentives to Foxconn to entice them to manufacture in the state of Wisconsin.  This is not only the highest government subsidy ever for a foreign company to locate to the U.S. but it also entices production that goes into the ever-popular Apple iPhone.  [...]

Press Release: Supply Chain Expert Lisa Anderson Shares Big Picture Perspectives for Profit Opportunities

Originally published on PR Newswire on August 15, 2017 and ExpertClick on August 15, 2017 “I’ve Been Thinking” Shares 101 Universal Business Lessons Learned CLAREMONT, Calif., Aug. 15, 2017 – Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting and a well-known leader in supply chain innovation and transformation [...]

Walmart Raising the Supply Chain Metrics Bar

Time is ticking – do you know your OTIF score? One of my clients forwarded this Business Insider article about Walmart’s supply chain metrics. Walmart is not only requiring an increase in OTIF (on-time-in-full) delivery performance but it also will charge penalties for suppliers that don’t live up to [...]

Why Customer Service Trumps All!

Start with building a customer service culture with your employees to give your clients reason to come back and refer you to others.Although we work on many topics impacting manufacturers and distributors, we have found that the most popular - and vital - is customer service. Prior to the [...]

Solid Inventory Practices Remain Timeless

Are you keeping close tabs on your inventory management practices? Improving just one aspect of your inventory can lead to improved service, margins and cash flow.Inventory management remains a timeless and vital topic for success. Every so often, we get away from talking about it on a consistent basis [...]

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