Manufacturing Magazine March 2016 | Page 16

TECHNOLOGY
reducing complexity in the supply chain . In a recent report published by the Confederation of British Industry ( CBI ), it was confirmed that better streamlining and revitalising UK supply chains could inject as much as £ 30 billion into the economy .
Key examples which require further visibility are : finance and cost control , materials management , production planning , sales and distribution , customer services , quality management , warehouse management , plant management and fleet management . But how can this be

Download ‘ Pulling Together ’ brochure achieved , and what do manufacturers need to do to ensure they have full visibility across the supply chain ?

Audit of technology solutions By implementing a full tech audit of solutions , manufacturers can provide themselves with forewarning and effective coping strategies to arrest the negative impact of the downturn of the global economy on their businesses . In order to do this , UK manufacturers must consider the following :
• Do you have full visibility of the entire supply chain ?
• Does your roadmap fit the needs of your business objectives ?
• If a complex , highly risky scenario impacts your supply chain , can the systems you have in place support this ?
• Are you complying with international legal requirements and standards ?
• Do you have the KPIs to analyse production dates in a timely manner to understand which manufacturing order items need to be started , why there are changes in completion dates and where there is capacity ?
The use of technology to analyse inputs , outputs and costs ensures that
16 March 2016