Why Inventory Will Matter Again
The Value of Demand Planning
SIOP: How Far Should You Look into the Future?
Lean or No Lean, a Demand Plan is a MUST
Demand planning delivers such useful information on client demand that even Lean devotees will find data on longer-term forecasts, seasonal products and trending patterns useful. Whether you are on the Lean journey or not, you need a demand plan! Prior to forming LMA Consulting Group, I was a VP [...]
The Value of Thinking about the Future instead of the Past
November 2, 2015 I was just talking with a manufacturing client on the topic of SIOP (sales, inventory and operations planning). In their case, they have an incredibly stable business - it is the most predictable business I've ever run across in terms of sales forecasts. Even though the [...]
The SIOP Conveyor Belt Analogy
The ongoing planning and adjustments integral to the SIOP is like a conveyor belt carrying along current data and processes until they become history. SIOP (Sales, inventory, & operations planning) is a methodology of sorts that aligns demand with supply – and, more importantly, the various functions of the [...]
SIOP/ Integrated Business Planning
Manufacturing and distributing product to meet customer demand can be like a puzzle unless you start using SIOP as a core process to run your business. SIOP (sales, inventory, & operations planning) taken to the best practice degree is often associated with integrated business planning. In some circles, they [...]
Where Should I Start to Ensure Demand Planning Success?
It’s easy to feel lost when you have no direction from customers about their own sales projections. Get a clearer picture through demand planning. 80% of companies are not in front of their demand. How can you decide what to plan for if you don’t know where you are [...]
Demand Planning Best Practices
A reenergized demand plan is fortified with meaningful data trends that point the way to improved service levels and increased profit margins. Sales and operations planning, also known as S&OP or SIOP (to include inventory) processes are key to improving service levels, accelerating cash flow and increasing margins. Thus, [...]