There is no shortage of events that underscore the importance of supply chain visibility: shifting business impacts of economic headwinds,, extreme weather events around the country and the world, and a tight labor market. Manufacturing companies need to achieve situational awareness by gaining visibility and synchronization of their supply chains in order to navigate these fluctuations efficiently and with minimal disruption to customers.
Harnessing the power of advanced technologies is one of the most effective ways to improve operational effectfiveness and drive efficiencies across the supply chain. Manufacturers might consider using AI-driven simulation tools and digital twins to better anticipate supply chain disruptions and help them understand when to adjust their plans accordingly.
Because interconnectivity will drive such efforts, businesses should also look for opportunities to further integrate smart device capabilities across their organization. Just as important to the implementation of these AI-driven tools is a leadership team committed to supporting their integration throughout the business on a holistic level.