Smart Planning
Planning is becoming more complex, but smarter planning makes the difference. In this Supply Chain Byte, Lisa Anderson outlines three key planning challenges manufacturers are facing today - and three ways to address them.
Planning is becoming more complex, but smarter planning makes the difference. In this Supply Chain Byte, Lisa Anderson outlines three key planning challenges manufacturers are facing today - and three ways to address them.
Heightened geopolitical and logistics risks are making it difficult for companies to successfully navigate evolving global supply chain conditions while keeping customer and EBITDA growth goals intact. According to DP World, 82% of supply chain leaders view geopolitical disruption as a major risk, yet only a quarter feel fully prepared.
The value of MRP (material requirements planning) remains intact no matter the company size or industry. Determining how to automate the process, utilize the MRP system and potentially further enhance it with artificial intelligence and advanced technologies can yield powerful results.
In a world of constant distractions and disruptions, it's easy to overlook the fundamentals. In this Supply Chain Byte, Lisa Anderson explains why success still depends on getting the basics right—safety, quality, service, production, purchasing, planning and the use of ERP and related systems. Before adding complexity, make sure the foundation of your supply chain is strong.
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.
The Strait of Hormuz is a geopolitical chokepoint — and a critical reminder of why advanced supply chain planning is non-negotiable. In this Supply Chain Byte, Lisa Anderson highlights the ripple effects that disruptions in this narrow strait can cause and how strategic planning, risk assessment and scenario modeling help companies stay ahead.
Israel and Iran had an escalating 12-day war with the U.S. getting involved by bombing Iran's main nuclear facility. Although a cease fire has been negotiated, tensions remain high in the Middle East.
We have noticed that clients that think long-term are far more successful than those that respond to events as they occur. Companies that think long-term surpass the rest as they are ready for changing conditions and leverage opportunities for success.
Why MRP Isn't Fully Utilized As we pay attention to trends across our clients and prospective clients, we are noticing a lack of understanding of why MRP (material requirements planning) isn't being fully utilized as depicted in our article "Case Study in Fueling Productivity, Profitability, & Performance with ERP [...]
Introducing a new services framework that helps manufacturers better understand and tackle the complexity of their supply chains.