Supply Chain Resiliency Resources
This year’s supply chain risks are significant, and the best way to protect yourself is to prepare for the worst and hope for the best. Creating long-term plans with built-in flexibility will give you the best chance for success amid disruption, inflation, increased competition, and more. When the COVID-19 outbreak struck, manufacturing organizations found themselves questioning nearly every aspect of their operations.
Manufacturers of all shapes and sizes mobilized to understand the situation, predict what was coming next and adapt the way they operated in response to what was happening. Manufacturers needed to be agile to cope with the constantly changing dynamics; they had little choice.
Virtually overnight, we saw a raft of changes implemented, including the adoption of digital technologies, revised working practices and new supply chains. This was a lesson in agility itself. We even saw numerous firms temporarily repurposing to produce products they probably wouldn’t have made otherwise such as ventilators, face shields and test kits.
Having implemented a number of changes to rapidly respond to the unfolding situation, many organizations were left with an artificially inflated perception of their agility. Once the dust had begun to settle and there was scope to take stock – particularly by looking at other manufacturers around them -the true level of their agility became apparent.
One senior executive in a recent Agility Assessment survey conducted by The Manufacturer and sponsored by HSO, said: “If I’m honest, the reason why so many organizations said they were ‘highly’ or ‘extremely’ agile last year is because they genuinely believed they were. Many implemented programmes to counteract the COVID-related chaos and they survived. But in reality, most, including us, thought they were better than they were and, as it happens, we were no more agile than anybody else.”
Current Industry and Economic Trends Impacting the Manufacturing Industry
69% of manufacturers are putting their supply chains under the microscope. Are you?
By automating manual processes and properly leveraging the data you have, your organization can start realizing agility gains right away, and with very little in the way of capital investment.
Microsoft Supply Chain Center Demo
Create a more resilient and sustainable supply chain and meet your business and customer commitments profitably.
2022 Manufacturing Agility Assessment
Industry's Journey to Become More Predictive, Adaptive, Responsive
When the COVID-19 outbreak struck, manufacturing organisations found themselves questioning nearly every aspect of their operations. Manufacturers of all shapes and sizes mobilised to understand the situation, predict what was coming next and adapt the way they operated in response to what was happening. Manufacturers needed to be agile to cope with the constantly changing dynamics; they had little choice.
This year's research is underway. Have your say and receive a free copy of the report.
Supply Chain Resiliency Resources
Integrated Solutions for Supply Chain Management
Explore the latest principles and best practices for supply chain management and where other companies have been successful
DDMRP (Demand-Driven Material Requirements Planning) is the newest iteration of MRP, combining all the best elements from tried and tested manufacturing principles.
A strategic approach for Supply Chain leaders to become more predictive, adaptive, and responsive using technology Join HSO and Microsoft in Dublin on 9th November