Great inventory management techniques are critical as supply chain complexity grows. Here's a look at the top techniques to help your company succeed. Whether you're an SMB or a large enterprise, solid inventory management techniques are critical for success. Inventory management, a component of supply chain management (SCM), controls [...]
CLAREMONT, Calif., Sept. 18, 2019 /PRNewswire/ -- Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., predicts that artificial intelligence (AI) and human learning will impact most aspects of manufacturing resulting in improved profits, inventory levels and cash. "Our manufacturing clients have really [...]
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 [...]
August 11, 2017 Earlier this week, I spoke to APICS Ventura County on the topic of SIOP (Sales, Inventory & Operations Planning). It was a great conversation because it was really interactive with probing questions on not just the theory and concepts but how to "make it work" - [...]
July 24, 2017 Last weekend, I went to Classic West - an amazing weekend of 6 classic bands at Dodger Stadium including the Doobie Brothers, Eagles, Journey, Fleetwood Mac, Steely Dan and Earth, Wind and Fire. What a lineup! Aside from amazing music and fabulous floor seats (which seated [...]
Stay on top of your supply chain strategy. Can supply chain strategy have a profound impact on your bottom line? Without a doubt! Recently, we worked with a client that wanted to review their operations strategy and look for ways to optimize and improve. To begin, we evaluated many [...]
Seventy percent of manufacturing and distribution executives think near-sourcing strategies will increase in the next five years, according to LMA Consulting Group’s proprietary research study on outsourcing, insourcing and near-sourcing. This is a reversal of prior trends towards outsourcing. In our experience with clients across all sectors and sizes [...]
Have you put your organization under review to look for ideas and solutions that may be right in front of you? Take a step back and look for those strategic weapons with an eagle eye at improving performance and your bottom line. As we brainstormed our unique value proposition [...]
