Supply Chain Disruption Is NOT Dead Yet
According to the Wall Street Journal, supply chains are back to normal. We do NOT agree. Using a take-off from Monty Python, supply chain disruption is not dead yet.
Right-size Inventory to Thrive During Inflationary & Recessionary Times GalleryRight-size Inventory to Thrive During Inflationary & Recessionary Times
Inflation Strategies, Inventory Management, Recession-Proofing Strategies, S&OE, Supply Planning (Production, Capacity, Materials, Replenishment, Inventory)
Right-size Inventory to Thrive During Inflationary & Recessionary Times
Inflation, Recession, Both? We are in unique times with inflationary pressures continuing while recessionary trends are emerging as well. In either instance, it is vital to right-size inventory. It will not change anytime soon. With interest rates rising rapidly, it will curb demand while increasing the cost of capital. [...]
Using SIOP to Make Better Informed Sustainability Decisions
Sustainability has become popular with consumers, employees and an imperative of large companies. After all, who wouldn't want to participate in saving the planet? In fact, I was interviewed for an Earth Day special "Our Changing Climate" (you'll see me featured in a few segments around 20 minutes in). From a corporate perspective, according to IBM Institute for Business Value, 51% of CEOs now rank sustainability as their greatest organizational challenge.
Production Scheduling Best Practices Drive Increased Customer Service, Operational Efficiencies & Inventory Turns GalleryProduction Scheduling Best Practices Drive Increased Customer Service, Operational Efficiencies & Inventory Turns
Inventory Management, Manufacturing, S&OE, Supply Chain, Supply Planning (Production, Capacity, Materials, Replenishment, Inventory)
Production Scheduling Best Practices Drive Increased Customer Service, Operational Efficiencies & Inventory Turns
Manufacturing has struggled to produce what customers want on-time without spending a fortune and tying up excess cash unnecessarily in the wrong, "just-in-case" inventory. It is a tough environment spiraling out of control with supply chain chaos.
Are You Managing Inventory or Is Inventory Managing You?
As executives continue to navigate these volatile economic conditions, the focus on inventory management increases. It is especially tough to determine what to do if you don't know if sales opportunities will dramatically increase as the competition falters and consumers drive demand or if sales will tank as recession fears increase and business optimism falters.
Supply Chain Collaboration & VMI to Get Ahead of Economic Challenges GallerySupply Chain Collaboration & VMI to Get Ahead of Economic Challenges
In The News, Inventory Management, Recession-Proofing Strategies, S&OE, Supply Chain, Supply Planning (Production, Capacity, Materials, Replenishment, Inventory), Vendor Managed Inventory (VMI)
Supply Chain Collaboration & VMI to Get Ahead of Economic Challenges
Manufacturers are experiencing continued inflationary pressures threatening customer service and profit margins with record-breaking price increases and lack of material availability. To add fuel to the fire, they are also starting to worry about preparing for a potential recession.
Impacts of China & Taiwan on the Global Supply Chain
In this episode of Supply Chain Chats, Lisa Anderson talks about impacts on the global supply chain from the Shanghai lockdown and China’s threats to Taiwan. She discusses how the Shanghai lockdown impacted the ports for a few months, creating stockpiles of container ships waiting [...]
Manufacturers are Remaining Positive Amidst Chaos
According to the National Association of Manufacturers (NAM), 82% of manufacturers remain at least somewhat positive about their company's outlook. This statistic is especially interesting since 59% thought continued inflation would make a recession more likely in the next 12 months. Perhaps manufacturing should be even more positive as [...]
Material Planning Best Practices to Proactively Manage Cost & Service
Since the pandemic, it has been a constant battle to ensure material availability, let alone to proactively manage cost and service. Even the most proactive and successful clients have experienced brief shortages of key materials and extended lead-times. The rest have been plagued with these issues.
Getting Ahead of Inflationary and Deflationary Pressures Using S&OP
Because we live in a global, supply chain disrupted world amidst record-breaking prices for food, commodities and oil (and all products dependent on these industries), not only are businesses looking to navigate inflationary pressures, but also deflationary pressures. Inflation can lead to deflation as consumers panic and demand softens.