In the past two years, the global pandemic, economic disruption and broad shifts in consumer behaviour caused a domino effect of supply gaps that exposed long-standing vulnerabilities in our supply chain.

Despite the need for better supply chain management, business leaders have been slow to act, having for years chosen efficiency over resilience. Delaying action, however, can expose supply chains to serious financial risks and prevent companies from seizing the benefits of resilience.

While supply chain issues are a common topic in the news, few outlets have provided actionable insights into what can be done to improve supply chain efficiency.

One of the best ways to overcome the current supply chain challenges is to apply the seven principles of supply chain management – and to use technology to support each principal and make the supply chain more resilient.

So what does this mean for manufacturers here in the UK?

There is a large opportunity for businesses to identify areas where they can strengthen their own supply chains, reducing the risk of supply shortages while increasing production and output.

This includes:

  • Analysing how your existing supply chain works, how much is impacted by internal versus external resources, and identifying where production can be brought in-house
  • Identifying where workforce gaps exist along the supply chain and where they can be better filled and retained
  • Investing in new R&D and technology to connect your finance, sales and operations systems, and develop opportunities for innovation
  • Building smarter maintenance and machine learning models to maximise equipment uptime, quality and efficiency and product life
Mixed Reality

Investing in IoT, Analytics and Machine Learning

Investing in emerging technologies such as analytics, the Internet of Things (IoT), robotics and digital platforms offers supply chains increased transparency and new ways to model and manage execution for accelerated responses.

people meeting at table

Building a Data-Driven Workforce

Combining machine learning (ML) and human expertise enables visibility and transparency across the supply chain to better manage supply chain risk. Once trained, ML models save valuable human time, allowing experts to target and mitigate the most critical supply chain vulnerabilities.

Solving Problems, Together

Industry trade groups and public-private partnerships improve supply chain resiliency by advocating for strong industry standards, and provide a venue for organizations to partner in solving complex challenges together. Collaborations with communities, schools and universities and civic leadership can help bridge digital skilling and workforce gaps.

Microsoft Dynamics 365 for Supply Chain Management

Build Your Roadmap

Microsoft Dynamics 365 for Supply Chain Management enables you to create an intelligent and adaptable supply chain. Predict disruptions and respond fast by digitising your supply chain, enhancing visibility, improving planning, and maximising asset productivity.

TAKE THE TOUR

Preparing for tomorrow today

With a secure, cloud-based platform that you can trust, Microsoft Dynamics 365 is paving the way for manufacturers to strengthen and innovate in a rapidly changing economic climate. By providing organisations of all sizes with the right tools to manage their supply chain, finances and operations, along with support for customer relationships from a single application, you can gain complete control and full visibility across all areas of your business.

Learn more about HSO for Manufacturing and how we’re helping businesses like yours with award-winning Microsoft technologies, like:

And a wide range of business applications designed to help your company reach it’s goals.

Contact us today to learn more. 

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