The Road Ahead: Business, Supply Chain & The World Order is Available
Special Report: How Companies Should Reshape to Succeed in 2023 & Take Advantage of Huge Opportunities Coming Down the Pike
Balance Customer Orders, Inventory, & Profitability
If you want to serve your key customers successfully (with high on-time-in-full (OTIF), short lead times, and proactive service) so that you can take advantage of the opportunities coming down the pike while addressing the hard realities of the current business environment (potential recessions, high interest rates, and less access to capital), you MUST balance sales, operations and inventory.
The Economy & Manufacturing: What Do the Statistics Say?
According to this week's GDP report, the real growth rate was minimal (around 1.1%) during the first quarter. On the other hand, inflation remains high, around 5.3%. This seems to reflect stagflation. Unfortunately, business equipment spending was around -7.3%, and inventories are down. PMI (Purchasing Managers' Index), an [...]
Interconnection of People, Technology & Businesses
On a recent trip to Europe, I was fortunate to combine work with pleasure. Finland is diverse from Helsinki to the arctic circle, and we were thrilled to gain picturesque views of the northern lights. I was surprised there are multiple cruise ships that go from Helsinki to Estonia each day because the people and countries are interconnected.
Supply Chain Issues Critical to Address in Today’s Volatile Global Environment
CLAREMONT, Calif., April 11, 2023 /ExpertClick/ - Integrating supply chain technology, addressing supply chain talent scarcity, and unifying end-to-end port platforms are the biggest challenges for companies today, according to the Supply Chain Special Interest Group of The Society for the Advancement of Consulting® (SAC). Successful companies are adapting by [...]
West Coast Ports are Losing Volume: What Are the Successful Doing
According to PMSA (Pacific Merchant Shipping Association), the five big West Coast ports have lost volume - 702,083 fewer loads and empties were handled in January and February 2023 than in the same period pre-pandemic in 2019. This equates to close to a 16% reduction. Specifically, the Port of Long Beach was off by 18.7% from January 2019 [...]
Northern Lights, Husky Sleighs, & Stacking the Deck for Success
Success in today's volatile business environment isn't about predicting every disruption—it's about preparing for it. Learn practical strategies to strengthen resilience, optimize inventory, retain key talent, leverage technology, and use SIOP to position your organization for profitable growth.
Lisa Anderson, Manufacturing & Supply Chain Expert Sees SIOP Process Critical to Tumultuous Times
CLAREMONT, Calif., March 21, 2023 /ExpertClick/ -- Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, known as the Strongest Link in Your Supply Chain® and President of LMA Consulting Group Inc., predicts that establishing processes is critical to strengthening the supply chain during tumultuous times. LMA Consulting Group [...]
Silicon Valley Bank’s Failure Kicked Off a Liquidity Crisis
Silicon Valley Bank's Failure kicked off panic in the financial markets and banking system. They had too much money tied up in long term bonds paying at low interest rates, and they didn't have the liquidity to keep up with the depositors requests to take money out of the [...]
Interlinks: Sales, Inventory, and Operations Planning (SIOP)
In this episode, and the next, of Interlinks we talk to Lisa Anderson and Diane Garcia of LMA Consulting Group in Los Angeles, California who are co-authors of a new book titled SIOP – Creating Predictable Revenue and EBITDA Growth.