When grocery store shelves across the country were emptied of toilet paper and other essential products, many people were left wondering how such basic items could suddenly become unavailable. The answer highlighted the critical role supply chains play in everyday life and how quickly demand surges can overwhelm [...]
Businesses need an integrated, holistic vision of their operations to succeed in the digital age. Legacy ERP solutions can block communication, collaboration, and innovation. Guest experts Tim Crawford, Lisa Anderson, Eric Kavanagh and Tom Roberts explore how businesses can adopt–and make the most of–next-generation ERP. Click here to [...]
Demand planning is critically important to inventory management success. Drive better inventory control, cash flow, and profitability
Since forecasting can deliver significant benefits with increased levels of service, inventory turnover and margin improvement, the question that inevitably arises is whether it makes sense to purchase a forecasting or demand planning system.
According to Gartner statistics, significant bottom line results can occur with just a 1% improvement in forecast accuracy. In fact, there are staggering improvements in lead time, inventory reduction and margins, so why not at least explore the idea?
When clients decide to upgrade ERP, they also look at CRM (customer relationship management) because it makes sense to align the technology infrastructure into a common platform that will be fully integrated and scalable.
In the last few months, I've attended sessions on the global, national and regional state of the economy. Every executive, trusted advisor and colleague wants to know: Are we headed for a recession?
Following the MCIE Manufacturing Summit and Innovation Awards, Lisa Anderson and Diane Garcia discuss the trends shaping the future of manufacturing. From rising customer expectations and the Amazon Effect to data-driven decision-making, workforce development, supply chain resilience, and SIOP, they explore how manufacturers can build agility and position themselves for long-term success.
Embrace supply chain resilience strategies to thrive in the Amazon era, focusing on rapid delivery and collaborative service.
