One of the reasons we attend the APICS International Conference is to understand what is trending in supply chain today. Which topics are "hot"?
1. Logistics - APICS' new certification, CLTD (certified in logistics, transportation and distribution) is the hottest ticket in town. Not only were there many educational sessions about these topics, the APICS Inland Empire chapter gets inquiries every week about it. In today's Amazon-impacted world, logistics is cornerstone to success - how else will you deliver exceptional customer service rapidly and cost-effectively?
2. SIOP (Sales & Operations Planning) - this is near and dear to my heart as a significant portion of LMA Consulting Group's practice focuses on helping clients achieve significant results (growth, service, profit and cash) with SIOP. Check out our proprietary process, 4 EXCEL for driving exponential results with SIOP.
3. Data & the digital world - PwC published a report, "Connect and optimize; The new world of digital operations". We are on the cusp of a digital revolution. It certainly has taken over the e-commerce and distribution world, and now it is taking over manufacturing and supply chains. Mobile technology, big data, the internet of things...
4. Risk - and, let's not forget risk. There are countless risks when looking at your end-to-end supply chain. How can you develop a resilient supply chain? Have you thought about political risks, natural disasters, security risks, financial risks — and the list goes on.
Keep track of what is trending in your business. As my HR mentor used to say, "knowledge is power". Do you have the power? If you'd like to get an assessment of your supply chain performance, contact us.
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