Manufacturers live in age defined by a never-ending flow of changes. And many of these on-going adjustments to tariffs, trade embargos and sourcing roadblocks lead to bigger disruptions in the form of raw material availability, cost and margin restructuring, and the reorganization of logistics infrastructure.
Perhaps the biggest obstacle is that your supply chain is where these disruptions are felt first, and with the greatest impact. However, proper insight can also create faster and more power momentum that equally impacts all facets of your operation. Realizing these benefits demands a shift in strategic thinking that recognizes a strong supply chain as a profitability driver that allows you to manage volatility, as opposed to relegating it to reactionary strategies.
Developing a Supply Chain Resilience Roadmap carries a number of benefits, including the ability to implement stronger, proactive approaches to potential disruptions. While it’s easier said than done, this includes taking control of data, diversifying and measuring suppliers, developing modeling scenarios, and planning proactively for cost and demand shifts. The end result means moving faster when it matters most.
Armanino has developed a process for developing this roadmap that incorporates:
- Benchmarking supply chain maturity.
- Simulations and scenario modeling to understand impact before they happen.
- Building a clearer roadmap through data analysis and targeted automation tools.
This strategy has allowed manufacturers to realize:
- 30-60 percent faster decision making.
- 20-40 percent fewer operational disruptions.
- Up to five percent margin protection.
- Up to 25 percent excess inventory reduction.
- 20 percent reduction in single-source suppliers.
If these challenges mesh with your current operating structure, and the potential solutions sound like what your organization needs, click here to take the next step in realizing a more resilient supply chain that drives profits.
Take the first step in building your roadmap for supply resilience. Click here.
