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.
"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.
If you follow the stock market, you might think the economy is strong. As consumers, we are frustrated with the price of everyday supplies such as food, gas, and housing.
Lisa Anderson was interviewed on the Lou Desmond radio show to talk supply chain. John Tulac, international business attorney, hosted the show to talk the status of the supply chain and what opportunities will emerge.
It is a whirlwind and confusing. Here is a quote that sums it up perfectly: From a salesperson at a client recapping the conversations at a recent industry conference - Everyone is skeptical, but we are all seeing orders and backlog remain pretty robust.
