According to manufacturing journalist, Thomas R. Cutler, “Organizations need to focus on demand driven supply planning, utilizing real-time information on customer orders from all marketplaces, such as e-commence, Amazon – or other online retailers, and point of sale data from brick and mortar.”
Cutler authoring a comprehensive series on this topic throughout 2019 noted that focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ, etc.) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real-time visibility and analysis of this information can significantly affect sales and the bottom line.
About TR Cutler, Inc.
Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., (www.trcutlerinc.com), the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 20-year anniversary of the founding of the Manufacturing Media Consortium, which now has more than 7,000 global members including journalists, editors, publishers, and economists, worldwide writing about trends, industrial data, manufacturing case studies, material handling profiles, and robotics feature articles. He maintains extraordinary relationships with clients, journalists, editors, economists, trendsetters, and key business leaders worldwide and has become a key resource for those writing about the manufacturing sector. Cutler is passionate about expanding the coverage and importance of the manufacturing media coverage.
The hot topics impacting the industrial and distribution sector for 2019 include employee engagement, retention, customer service, robotics, Industry 4.0, Big Data, IIoT (Industrial Internet of Things), mobile technology solutions, inventory control, procurement solutions, warehouse solutions at the distribution, warehouse, and 3PL levels. Manufacturing material flow, Fork Truck Free transformations, global real-time actionable data, along with lean manufacturing, Six Sigma, Theory of Constraints and Digital Visual Management. Cutler is particularly focused on the growing role of Women in Manufacturing (at the C-Suite and on the plant floor). Cutler expects the interaction of manufacturing, logistics, last mile delivery issues to permeate the media conversation over the next year.
Cutler has authored more than 7,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals each published in leading monthly trade magazines, B2B periodicals, blogs, and marquis publications globally. Cutler is the most published freelance industrial journalist worldwide, and more than 4000 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
Company Name: TR Cutler Inc.
Contact Person: Thomas R. Cutler
Email: Send Email
Address:3032 S. Oakland Forest Dr. S-2803
City: Fort Lauderdale
Country: United States