Most of the pre-production supply chain work at automotive Tier I suppliers is completed manually in spreadsheets, limiting visibility, and increasing labor costs and delays. Collaborative productivity software will eliminate these manual offline processes to facilitate better information flows between cross-functional team members throughout your organization.
Using your supply chain capabilities as a tool to increase customer satisfaction while controlling costs is a great way to differentiate you from your competitors, increase customer loyalty, and sustain long-term revenue growth.
Are your current KPIs legacies from the past? Do your current KPIs enable your company goals? We need to be purposeful with the KPIs we choose to track and prioritize.
Better information leads to better decision making, so building a better Plan for Every Part will significantly reduce the time it takes to develop, launch, and continuously improve your product supply chains.
As leaders look intently at 2021 and beyond, they’ll do so with an added appreciation for the ability of their supply chains to weather storms on multiple fronts. Updating your commodity strategy to mitigate more risk will be a critical building block.
Actionable insights from IndustryStar on ways to expedite, optimize, and de-risk your supply chain operations.