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.
ERP systems and related technologies can help manufacturers manage increasingly complex supply chains while improving customer service and operational performance. By integrating the right technologies and turning data into actionable insights, companies can increase OTIF, reduce costs and inventory, and make faster, more informed decisions.
Every production planner has the challenging job of managing a complex set of conflicting priorities - meeting customer requested ship dates and new product trials, supporting manufacturing and logistics performance objectives, and addressing finance's objectives as it relates to inventory levels and cash flow.
Value-added service stands out when customers are frustrated by shortages, delays, and disruption. Companies and suppliers that communicate, solve problems, and go the extra mile will strengthen customer relationships and differentiate themselves from the competition.
As manufacturers and distributors emerge from the coronavirus pandemic, they are focused on how to grow revenue and become more efficient and profitable to offset the typically negative impacts of COVID. In the situations where business has grown exponentially in consumer industries such as B2C (e-commerce), home improvement and [...]
Embrace supply chain resilience strategies to thrive in the Amazon era, focusing on rapid delivery and collaborative service.
Manufacturers may not be competing directly with Amazon, but they are facing the impact of rising customer expectations for speed, service, and responsiveness. In this Manufacturers Summit panel discussion, Lisa Anderson explores how the Amazon Effect is reshaping lead times, inventory strategies, and supply chain decision-making.
According to ISM (Institute of Supply Management), manufacturing expanded more than it has in 14 years in February - it is on fire!
If you are not high performing in the food and beverage industry (and consumer products in general), you will not stay viable anymore.
It is always a good idea to stay up-to-speed with what the leaders are doing in the industry. Who do you follow?
