A manufacturing boom is on its way. Although it might not appear so according to clients' SIOP (Sales Inventory Operations Planning) models with weaker clients' backlogs and hesitant customers, we have no doubt it is imminent.
"SIOP" stands for Sales, Inventory, Operations Planning (SIOP). Depending on the industry or organization, you may also hear it referred to as “S&OP” or Sales and Operations Planning. Sometimes, it is even referred to as “IBP” or Integrated Business Planning. Typically, they mean the same thing. The most important words to emphasize are planning and alignment.
As companies reconfigure supply chains and expand domestic manufacturing capabilities, it is an ideal opportunity to embrace technology and automation to help metal fabricators and machinists offset increased costs associated with tariffs.
Supply chain visibility allows companies to track and access real-time data across every tier of the supply chain, from raw materials at your suppliers' supplier to delivery of finished goods to your end customer. Supply chain visibility has become of paramount importance to ensure customer satisfaction and to profitable growth.
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 U.S. unveiled its first AI Action Plan with the "Winning the AI Race" All-In Summit. The AI Action Plan focuses on a few core elements to ensure the U.S. leads the world with artificial intelligence.
It is past time to ensure your supply chain is ready for growth. As companies scale up, shortages and lead times are extending. Develop plans to take advantage of the opportunities by preparing your supply chain to scale.
Since tariffs went into effect, supply chain vulnerabilities have been exposed. We are in a global supply chain with wildly varying levels of risk and exposure depending on the country of origin, product composition and each specific company's strategy.
As geopolitical unrest, natural disasters, and shifting trade policies upend global logistics, resilient companies are transforming their supply chains to gain competitive advantage and ensure growth.
Where do we stand with imports & exports? The U.S. broke records with the highest trade deficit (imports - exports) on record in 2024 at $1.2 trillion. Q1's trade deficit set records at a massive $465 billion, as companies pulled goods in early to mitigate the potential impact of [...]
