5 Ways to Improve Processes
Stay focused on continual improvement of your processes to keep your business at the forefront of your industry. Focus on the best practices in common across improvement programs and utilize the five keys to success.
Hiring a SIOP Consultant? (A Guide for CEOs to Enhance SCM)
Selecting the right SIOP consultant can make the difference between a successful implementation and a missed opportunity. Learn how to evaluate SIOP expertise, ask the right questions, and choose a partner that will accelerate results, improve profitability, and drive long-term supply chain transformation.
Top Seven Advantages of utilizing a Foreign Trade Zone in California
Foreign Trade Zones (FTZs) offer numerous benefits to businesses operating in California, especially in light of the current tariff rates of 30% on imports from China and 10% on imports from other countries. These zones are designated areas where goods can be imported, stored, and manufactured without being subject to customs duties until they enter the U.S. market.
4 Keys to VMI Success
VMI (vendor managed inventory) is the process where the supplier manages the customer's inventory so that the customer has the "right" item in the "right" place at the "right" time to ensure high service levels, efficient and productive operations, and the least amount of inventory tied up unnecessarily. The best VMI programs ensure that the end-to-end supply chain gains with both the supplier and the customer achieving improved results or benefits.
Using SIOP to Drive Revenue, Margin & Working Capital Predictability & Improvement
As revenues remain volatile, disruptions plague supply chains, and interest rates remain high, executives' ability to build revenue, margin and working capital predictability and improvement takes on an elevated importance.
How Is Demand Looking & the Critical Importance of Sales Forecasts
Industrial manufacturers are experiencing slumps across the board. The good news is that customers are not canceling orders; however, they are delaying BIG TIME.
Could Strategic Inventory & Proactive Planning Save Your Supply Chain?
Disruptions abound no matter the supply chain. Aerospace has been particularly hard hit. Boeing's issues have plagued them the entire year.
Inventory Optimization In Full Focus in the Turbulent Economy
If you follow the stock market, you might think the economy is strong. As consumers, we are frustrated with the price of everyday supplies such as food, gas, and housing.
Managing Inventory and Cost to Navigate Economic Turbulence
Economic uncertainty is putting pressure on margins and cash flow, but proactive manufacturers are responding strategically. Learn how inventory optimization, SIOP, ERP, and better supply chain planning can reduce costs while maintaining customer service and preparing for future growth.
Succeeding with Regional Manufacturing & Optimizing Supply Chain
The risk of China has increased dramatically over the years. Early on, executives were concerned about intellectual property theft. Although that is still a concern, there are much bigger issues.