Metrics Rule!
You can't give attention to work priorities to grow a more profitable business if you aren't collecting data, measuring variables and tracking trends.
You can't give attention to work priorities to grow a more profitable business if you aren't collecting data, measuring variables and tracking trends.
Companies that conduct effective Sales, Inventory and Operations Planning (SIOP) are able to balance supply with demand and exceed customer expectations.
Observing supply chain trends is important but it is bedrock to success to develop strategies and plans to utilize this information in a way that will help your business succeed. Do you have a team in place to think about how to leverage the top supply chain trends?
Big data is now central to supply chain management. As much as I rarely jump on the latest buzzword bandwagons (as I find them to be a waste of time), big data is an important emerging topic in supply chain.
Your smart competition is already on the path towards leveraging the supply chain to deliver bottom line business results. What are you doing to outsmart them and become the strongest link in your supply chain?
In the new normal, cash flow and customer service are vital to success.
If you are interested in achieving results and want to learn more about how to implement SIOP, read our book.