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    ISM - Supply Chain Resilience

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    Abhijeet Pandit
    Leveraging new technologies like AI, robotics, 3D printing and digital solutions can help boost supply chain resilience and lower costs. Companies are facing challenges like unreliable supply chains due to issues like shortages and geopolitical tensions that have increased costs. Adopting nearshoring and friendshoring strategies and technologies that optimize manufacturing processes can help companies rebalance their supply chains and bring higher margin products closer to final markets.

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    ISM - Supply Chain Resilience

    Uploaded by

    Abhijeet Pandit
    49 views8 pages
    Leveraging new technologies like AI, robotics, 3D printing and digital solutions can help boost supply chain resilience and lower costs. Companies are facing challenges like unreliable supply chains due to issues like shortages and geopolitical tensions that have increased costs. Adopting nearshoring and friendshoring strategies and technologies that optimize manufacturing processes can help companies rebalance their supply chains and bring higher margin products closer to final markets.

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    ISM_Supply chain resilience

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    Leveraging new technologies like AI, robotics, 3D printing and digital solutions can help boost supply chain resilience and lower costs. Companies are facing challenges like unreliable supply chains due to issues like shortages and geopolitical tensions that have increased costs. Adopting nearshoring and friendshoring strategies and technologies that optimize manufacturing processes can help companies rebalance their supply chains and bring higher margin products closer to final markets.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    49 views8 pages

    ISM - Supply Chain Resilience

    Uploaded by

    Abhijeet Pandit
    Leveraging new technologies like AI, robotics, 3D printing and digital solutions can help boost supply chain resilience and lower costs. Companies are facing challenges like unreliable supply chains due to issues like shortages and geopolitical tensions that have increased costs. Adopting nearshoring and friendshoring strategies and technologies that optimize manufacturing processes can help companies rebalance their supply chains and bring higher margin products closer to final markets.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 8

    L E VE R AGING NEW TECH

    TO BOOST SUPPLY
    C HAIN R ESILIENCE
    Presented by Kevin Thomas Joseph
    INTRODUCTION
    • Location of low cost labour is a major factor in
    shaping global supply chains.
    • Companies are looking for ways to make their end
    to end supply chains more resilient and yet more
    cost efficient.

    Those companies that have successfully used


    technology to optimise their supply chain use a
    combination of AI and HI (Human intelligence)
    CURRENT
    CHALLENGES
    • Lately, the supply chains have been unreliable (Eg
    the microchip shortage)
    • They have also become expensive - Higher labour,
    shipping costs
    • Geopolitical tensions especially between US and
    China
    Terms
    1 NEAR SHOR ING
    Swit ch in g t o sup plie rs clo ser t o h o me

    2 FR IEN D S HORIN G
    Usin g sup plie rs lo cat e d in co unt rie s w it h
    sh ared value s

    Major obstacles to relocating supply chains included


    • Labour costs
    • Labour availability
    3
    • Deep manufacturing expertise
    New Technologies

    1 AI+HI
    • Co bots : Ro bots that di re ct l y i nt e ra ct wi t h
    h umans in man ufa ct ur in g f ac il i ti e s.
    • The right comb inati o n of AI a n d H I wi ll h el p
    t o lowe r labo ur co st s wh i l e ret ai n i n g h uman
    ove rsight.
    2 3D PRINT ING
    • It is p ossib le to produ ce a large n umbe r of
    com pone nts due to ad va n ce s i n addi ti ve
    man uf acturing.
    • Re ducti on in ma nuf a ct uri n g pro ce sse s an d
    re ducti o n in re liance on di st a nt supp li er s.
    3 R EC OGNIT IO N TE CHN OL OGY
    • L ive vide o with anal yti cs.
    • Re sult: Bett er qua lit y co nt ro l, h i gh e r
    pro ducti vity, data th at ca n be used fo r
    pro cess improve ment .
    New Technologies

    4 DIGITAL MAN UFAC TUR ING SOLU TION S


    • Tracking of p roduct m anuf act uring acro ss
    workst ati ons
    • Enabli ng real ti me in p ut of d at a by wo rke rs
    • Provi di ng end t o end t race abili ty

    5 TH RE E DIME NSIONAL SO LU TION S


    • Met ave rse applicati o n : Nvi di a's Omn i ve r se
    • Building of digital t wi n s of t h e i r pro ce sse s
    • Simulati on of f actor y l ayout , wo rkst ati on
    de sign and asse mbly de si gn .

    6 L OG ISTICS T EC HNOL OGY


    He av y i nve st m e nt for :
    • Too ls fo r ware h ou s e man age me nt
    • Mat ch in g f re ig ht lo a d s to t ra ns p ort ati o n
    c ap a ci t y
    • Cos t eff e c ti ve rou ti n g
    Making the most of these
    technologies
    1 RE TH IN K W HAT CUSTOMER S VAL UE
    • Dee p Ana lysis of wh at c ust o mer s want ,
    whe re a nd w he n.
    • Co mplex labo ur inte n sive product s - le ss
    va lue d by co nsume rs.
    • Ways to ada pt p rod uc t s wi t h o ut l osin g val ue.
    2 RE BA LAN CE MI WIT H H UMA N AGE NC Y
    • A I , a na ly ti c s c a n re d uce re l ia nce o n hu ma n s -
    m ove p rod u c t s t hrou g h t he va lue c ha in wit h
    g re at e r s p e e d , re l ia b i li ty a nd effi c i e nc y.
    • Wo r ke r s c a n s p e nd mo re ti me t o i nves ti g at e
    a nd fi gu re o u t how t o imp rove t he sys te m.
    3 B RING HIGHE R MA RGIN PRODU CT S C L OSER
    • More co m p lex p ro d uc ts - max imum b e nefi t s
    fro m i mp le m e nti ng new t e c h in s up p ly c ha ins .
    • Ris ks of s u p p ly ch a in d is rupti on s.
    • No ro o m fo r ex p e r i me nt ati o n, le a rn in g a nd
    in iti a l c a p ex .
    CONTACT US

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