Nellson partnered with LMA Consulting Group to improve demand visibility and create more effective production plans. Through SIOP and longer-term planning, the company established a stronger operational rhythm, reduced inventory by 50%, improved OTIF performance into the high 90% range, and strengthened operational performance across the business.
Schenck partnered with LMA Consulting Group to connect customer demand with operational execution through SIOP, CRM, CPQ, and SAP. The result was greater visibility and predictability across the business, enabling the company to double output in a critical manufacturing area, reduce inventory by 50%, grow more than 20%, and sustain customer service throughout the pandemic.
LMA Consulting Group partnered with two aerospace manufacturers to improve inventory performance, strengthen business processes, and increase enterprise value. Through inventory optimization, operational improvements, ERP assessments, and post-acquisition support, the companies improved cash flow, enhanced operational performance, strengthened compliance, and positioned themselves for long-term success.
How do you reduce inventory while improving responsiveness? A custom manufacturer partnered with LMA Consulting Group to improve visibility, supplier alignment, and supply chain planning capabilities. The company reduced supplier lead times by more than 60% and inventory by over 20%, creating a more agile, efficient, and scalable operation capable of supporting long-term growth.
In this Supply Chain Byte, Lisa Anderson explains why manufacturers must upskill their workforce not only to improve efficiencies and reduce low-level work done by highly skilled employees, but also to preserve critical knowledge as Baby Boomers retire.
Taking your supplier / customer relationships to the next level of partnership is integral to supporting profitable growth with exceptional customer service and cash flow (ie. inventory turns) levels. Vendor managed inventory (VMI) can be integral to maximizing revenue/ service, profitability, and working capital.
As companies navigate tariffs, geopolitical risks and high interest rates, there is an emphasis on reducing costs and inventory levels to free up cash and maintain profit levels while successfully serving customers’ ever-changing needs. The most successful companies are upgrading their planning processes and rolling out automation and advanced technologies.
"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.
Increasing inventory levels is seen as a trade-off with service and efficiency levels; we find that a win-win-win is achievable. The key: Have the right inventory in the right place at the right time and gain a predictive view of demand to optimise your schedules to reduce inventory while increasing service and efficiency.
