As geopolitical and economic risks rise, executives become more concerned. Proactive clients are taking action to boldly invest where it makes sense while aggressively focusing on inventory and cost reduction of non-value added items/ work and also ensuring high customer service levels.
There are around 3 million industrial robots in use worldwide, and the market is expected to grow to $45 billion by 2028. At a minimum, robots can perform routine tasks with consistent quality. At a maximum, robots will be a strategic advantage to your business. It is no wonder clients are implementing them at a fast pace and investing widely.
Production planning software is a manufacturing solution that helps you plan for and supervise essential workflows in the production process. Lisa Anderson gives her tips on what you should look for.
Simple metrics drive results. Whether a food and beverage manufacturer or an aerospace distributor, measuring the "right" metrics will focus attention on key issues and drive results.
A lack of visibility, labor shortages, and surging shipping costs make navigating the supply chain feel impossible.
At its simplest, labor scheduling is determining which people (and which skills) you should have at which sites at which work centers at what time (shift) to ensure the right products can be delivered to the right customer at the right time.
The successful companies will not only strive to be the strongest link in your supply chain, but they will ensure that the weakest link doesn't send their customers to the competition. You have a once-in-a-lifetime opportunity to secure your position as a market leader and thrive for years to come, if you choose to take advantage of the opportunity and start to act NOW.
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.
Happy New Year! First, let's start with a BIG THANK YOU to our clients, colleagues, partners, family and friends for a fabulous 2021. VERY hard to believe it is 2022. Here's to COVID phasing out quickly so we can get back to a more typical daily life. It is a time of hope and optimism for new opportunities in 2022. Are you ready to accelerate business and personal growth?
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc. discusses how a consultant can help executives navigate difficult business challenges and adapt in today’s manufacturing and supply chain. Full Story
