1 / 10

Resiliency in supply chain management | Violin Technologies

Resiliency in supply chain management is the capability of a business to withstand and recover from the impact of unforeseen threats like natural disasters. For more details please visit https://www.violintec.com/contract-manufacturers/how-to-drive-oems-supply-chain-resiliency-through-strategic-supplier-partners/<br>

violintech
Download Presentation

Resiliency in supply chain management | Violin Technologies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How To Drive OEMs Supply Chain Resiliency Through Strategic Supplier Partners? www.violintec.com

  2. Resiliency in supply chain management is the capability of a business to withstand and recover from the impact of unforeseen threats like natural disasters, economic recessions, pandemics, trade wars, and other setbacks. • Original equipment manufacturers (OEMs) who do not adopt strategies to build resilient supply chains risk witnessing supply chain disruption that causes long-term damage to the business.

  3. Examples Of Companies Balanced Resilience Only some supply chain leaders who adopted intelligent resilience strategies just in time have managed to save their organizations from the global crisis, unlike most companies.

  4. Here are a few successful companies that stood strong during and after the pandemic. • T-Mobile: • 3M: • Walmart:

  5. Leverage technology: • Firstly companies should analyze their supply chains to identify the operational challenges and other areas of improvement. • Look for functions that need automation by digitization. • The development of software to track and manage resources, as done by T-Mobile, can bring greater visibility to the process and, consequently.

  6. Diversify the supply chain: • To increase the agility of their supply chain and make it resilient. • To define their contribution in terms of social responsibility. • Supplier diversity places companies at a competitive advantage as there would be price comparisons among the diverse suppliers.

  7. Maintain flexibility: • By adopting standardized procedures and components, organizations can gain the flexibility. • Choosing suppliers geographically close to your business can facilitate more flexibility in switching between suppliers. • This cost-effective strategy also increases operational efficiency. • Adopting sustainable measures increases flexibility and resilience. • Regular communication among a firm’s employees also helps them be flexible in switching between tasks and following best practices.

  8. For more details please visit https://www.violintec.com/

  9. YourGlobalContractManufacturingandSourcingPartner Thak You THANK YOU

More Related