Fortifying for an Uncertain Future
The R-word is everywhere, and advisors are touting tips to make businesses “recession proof.” Unfortunately, that concept is more myth than reality. Instead, our objective – in good times and bad – is to cultivate resilience. A “recession resilient” business has implemented comprehensive sales, inventory, and operations planning (SIOP) to provide early warning signals and a wide variety of management levers for adjusting course. Whether disruption occurs on the supply or demand side, sensitive KPIs extend the horizon of forecast accuracy to increase agility and avoid looming constraints. Kormac’s iterative SIOP approach improves execution and minimizes risk in any business climate. Ultimately, we help clients extend their foresight and take timely action.
For more on Kormac’s approach to SIOP enhancement, check out our recent work with a leading healthcare services company.