SMART MANUFACTURING
“ Over the past year , COVID- 19 disruptions have affected many industries , but manufacturing has been particularly impacted ”
HONG MO YANG , SVP AND GM OF THE MANUFACTURING SECTOR AT BLUE YONDER
technologies to create a smart supply chain will allow companies to scale and deliver greater value . Many companies today are looking to build resilience into their supply chains , and that requires real-time visibility and actionable analytics to navigate supply chain shocks and make data-driven decisions .
“ Let ’ s look at the recent Suez Canal disruption , where a 1,300-foot container ship became stuck sideways in one of the busiest shipping arteries connecting Asia to Europe . With our AI / ML Control Tower , we were able to help our Blue Yonder customers prepare for the early ripple effects by predicting the impact to inventory , production capacity and sales in real-time so they could take corrective actions to mitigate the impact of the disruption .”
With current events such as COVID-19 and the Suez Canal posing severe risks to the supply chain industry , “ smart supply chains have never been more important ,” says Hughes . “ The smarter a supply chain is , the more efficient and resilient it is . There will always be disruptive events that pose a threat to supply chains , both minor and major , but smart supply chains have a better chance of successfully mitigating these risks . True optimisation means dealing with the anomalies , not the norm .
Blue Yonder
“ Ultimately , it ’ s a case of collecting as much data as possible to increase visibility across the whole supply chain . A smart supply chain will take care of the larger data points and self-optimise to an extent ( sudden fluctuations in demand draining stock levels for example ). This frees up those on the ground to focus on the small , disruptive anomalies : the flat tyres of the supply chain that can ’ t be optimised away ."
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