LMA Consulting protects supply chains by focusing on visibility and the SIOP Process

Lisa Anderson, president of LMA Consulting Group Inc. and manufacturing and supply chain expert, works to protect client supply chains by focusing on supply chain visibility and driving the sales inventory operations planning (SIOP) process. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable business growth.

“The pandemic was a wake-up call to the importance of visibility. While supply chains were starting to be stretched pre-pandemic, many simply broke when crushed by supplier and delivery challenges. Manufacturers realized they needed better visibility,” Anderson says. “Manufacturers set up dashboards for a more global picture of the many moving parts. This allowed them to see suppliers upstream and make adjustments.  First, for incoming materials and sources of supply. Were they produced, in transit, or stuck at a port? Then, for finished products. When was it scheduled for production? Was it waiting for shipment or in transit to a DC or customer? When was delivery expected? All are critical to the supply chain.”

The more each supply chain partner can gain visibility, the better they can plan, and the more resilient they will be with changing conditions. Supply chain visibility includes the manufacturer, supplier, logistics providers, and customer. This is especially helpful to logistics providers (the furthest downstream) when production locations are switched.

“With better planning comes better service, profitability, cash flow and, ultimately, a superior customer experience. It’s all about having the right product, at the right place, at the right time to meet customer demand,” says Anderson. “The SIOP process, which balances sales, inventory and operations planning processes across the supply chain enables visibility success and ultimately, the desired customer experience. It’s complex. It extends beyond your organization to your customers and suppliers. It takes time. Yet, it works,” she concludes.

Supply chains have become sophisticated and are ever-changing. Anderson recently introduced Supply Chain Chats, a series videos that address current topics, issues, and challenges related to supply chains. Anderson also released: “Thriving in 2022: Learning from Supply Chain Chaos – Insights from 22 Trusted Advisors, a Special Report” to provide supply chain insight and strategies for manufacturers.