Supply chains are plagued with geopolitical, cyber and supply chain risks. Companies have been focused on building resiliency and efficiency; however, as important as it is to be agile and profitable, it is no longer enough. Forward-looking companies are focusing on predictability, scalability, and customer value.
In this Supply Chain Byte, Lisa Anderson explains why manufacturers must upskill their workforce not only to improve efficiencies and reduce low-level work done by highly skilled employees, but also to preserve critical knowledge as Baby Boomers retire.
Priorities that power the triple bottom line of social, environmental and financial performance are gaining momentum. Sustainable advancements, smart manufacturing and advanced technologies such as artificial intelligence are trending as they can deliver win-win improvements, supporting profitable growth and success.
Geopolitics have been driving significant changes in supply chains. For example, stemming from the China threat, GM has just announced that it wants parts makers to pull supply chains from China. As supply chains evolve, it creates an expansive effect. As companies evaluate supply chain network changes, there are many items to take into account
In this Supply Chain Byte, Lisa Anderson explains recent breakthroughs in quantum computing, how supply chains can leverage this powerful technology and what manufacturers can do now to prepare and take advantage of these and other emerging technologies.
Manufacturers must reexamine the role of technology and data in driving real-time business performance. Markets shift, demand changes and supply disruptions emerge overnight. The best-performing manufacturers are those that can plan and pivot because they trust their data, have optimized ERP and utilize SIOP.
In this Supply Chain Byte, Lisa Anderson highlights a recent breakthrough in manufacturing—and why collaborative supply agreements are important. When suppliers and manufacturers align goals, share information and commit together, progress moves from idea to impact.
As geopolitical, tariff, and other supply chain risks are causing concerns with offshoring strategies and the global sourcing perspective, companies are reviewing domestic alternatives. Companies are moving towards domestic and regional supply chains and preparing to scale manufacturing and the extended supply chains.
During volatile times of heightened uncertainty, companies typically batten down the hatches to save money and avoid rocking the boat. As the business outlook pivots to the positive, demand will be stimulated, providing huge opportunities for those companies prepared to scale rapidly with AI and advanced technologies and serve customer needs.
In a world of constant distractions and disruptions, it's easy to overlook the fundamentals. In this Supply Chain Byte, Lisa Anderson explains why success still depends on getting the basics right—safety, quality, service, production, purchasing, planning and the use of ERP and related systems. Before adding complexity, make sure the foundation of your supply chain is strong.
