Supply Chain Risks Persist, but New Technologies Improve Supply Chain Visibility and Resiliency
Between macroeconomic instability, the devastating war in Ukraine, a persistent global health emergency and climate challenges, 2023 continues to prove that smart supply chain management is a game of risk mitigation. Industry leaders are learning how to be agile in order to navigate potential supply chain disruptions—from production lags to transportation issues to fluctuations in customer demand. And that’s where technology comes in.
Improving manufacturing and supply chain visibility ranked as the top business priority according to our survey of hundreds of manufacturing leaders for the second year in a row. From supply chain analytics and visualization tools to intelligent asset management suites to on-demand manufacturing platforms, investment in digital technologies that give you end-to-end visibility of your supply chain is absolutely essential.
Overcome Barriers to New Product Development Through Automation
Supply chain and sourcing challenges also show up in discussions about new product innovation. In fact, 56% of manufacturing leaders say supplier issues are one of the biggest barriers to product innovation.
These challenges range from lack of design for manufacturability (DFM) expertise, to slow feedback loops, to difficulty sourcing high quality parts in low volumes. The good news is that automation and artificial intelligence technologies have never been more advanced or market-ready to help reduce these barriers. By leveraging technologies like AI-powered DFM feedback, digital platforms for on-demand part sourcing and API integrations to connect fragmented supply chain ecosystems, you can automate the slow, manual tasks that typically lengthen innovation cycles and ultimately accelerate time to market. It’s no wonder that 78% of companies are actively evaluating tech solutions to boost innovation.
Pour lire l'article complet : https://www.engineering.com/story/four-of-the-most-pressing-manufacturing-challenges-and-what-to-do-about-them?utm_campaign=88a29ed2ed-EMAIL_CAMPAIGN_7_12_2018_8_42_COPY_01&utm_medium=email&utm_source=engineering.com&utm_term=0_622b2cc90f-88a29ed2ed-324507265
