Reinvent physical and digital supply chain networks
Leaders are rethinking their supply chain foundations to improve supply chain resiliency, improve costs and reduce risks.
Why supply chain network redesign matters
From onshoring (or “friendshoring”) to strengthening ecosystem partnerships, high tech companies need to reinvent supply chain operations in order to remain competitive and capitalize on new opportunities.
of high tech executives report it takes up to one week or more to be alerted to disruptions in their manufacturing or supply chain
in high tech revenue growth opportunity was missed over the last 2 years due to disruption in company engineering, supply, production and operations
of companies are planning a direct investment in nearshoring or onshoring to design a supply chain that can “do it all” while being sustainable and cost-efficient
How supply chain network redesign is changing
What you can do
Customer service, hold times and resiliency all benefit when your supply chain is closer to your customers. Onshoring or nearshoring also alleviates the strain on your resources.
54%
of US executives think manufacturing closer to home is key to survival
Use predictive technology to foresee disruptions before they happen. Use continuity-focused technology to get real-time insights and data-sharing across suppliers and factories.
Understand your customer needs and your data earlier in the supply chain design process. Making earlier development decisions helps improve the network’s resilience, cycle times and product quality while reducing costs.
Enable your people, increase productivity and decrease redundancies by using automated tools and data-driven analytics.
72%
of workers feel they are not being fully prepared with the skills they need for the future
A competitive edge
Customer loyalty and trust
Improved sustainability
Resilience and flexibility
Cost management
What's trending in supply network redesign
