New world wide study underscores the relevance of manufacturing visibility in an unprecedented provide chain environment.
AUSTIN, Texas – LeanDNA, the leader in helpful provide chain orchestration, and the Affiliation for Producing Excellence (AME), the leading business for the trade of understanding in organization excellence, these days introduced “State of Supply Chain in the New Lack Economic climate,” a report analyzing the most significant ache factors and chances for producers. Results from the survey of manufacturing pros highlighted the need to digitally change stock info to superior prioritize supply chain steps and collaborate throughout corporations.
“Today’s manufacturers are experiencing unparalleled difficulties that have been amplified by the pandemic, from expanding demand from customers for customization to advanced workflows to more and more globalized functions,” claimed Kimberlee A. Humphrey, president and CEO of AME. “Our investigate reveals that the marketplace have to get better perception into their offer chain processes to improve efficiency and improve results.”
Highlights from the report include:
- Manufacturers are struggling with various problems that restrict their potential to reply to problems that have an effect on arranging, procurement, and suppliers.
- 95% of producers are investing in manufacturing unit automation, but most have not automatic the factory’s important data and intelligence features.
- The top rated hurdles to manufacturing unit transformation are a deficiency of know-how and assets, confined budget, and ineffective transform administration.
- A significant majority of suppliers believe extra insight and visibility into the source chain is essential to stay clear of shortages, enhance inventory, make processes more economical, and cut down expenditures.
“We understand the challenges of the new scarcity economy and consider the factory is the finest source of untapped strategic value for companies,” stated Richard Lebovitz, CEO of LeanDNA. “By including emerging systems to current company IT investments, the producing field will have the applications wanted to allow a real electronic transformation of the provide chain.”
The report delivers three useful ways companies can take to gain enhanced inventory visibility, make improved decisions a lot quicker, help you save revenue, and enhance client and provider associations.
On March 2, Richard Lebovitz, CEO of LeanDNA, Robert Martichenko, director-at-massive of AME’s board of directors, and Louis Librandi, Supply Chain & Producing Operations Principal at Deloitte Consulting will host a webinar on the State of Supply Chain in the New Shortage Economy.
World wide Survey Methodology
AME and LeanDNA surveyed leaders at global manufacturing companies throughout a variety of industries, roles, task features, and business dimensions. Click in this article to download the whole report.
LeanDNA is the leader in powerful supply chain orchestration. We empower producers to raise output and efficiency and change their plans into steps by connecting the folks who execute with the priorities that subject. Our award-successful technologies is modernizing the manufacturing business and advancing financial development worldwide. Discover more at leandna.com.
About the Association for Manufacturing Excellence
Since its founding in 1985, the Affiliation for Manufacturing Excellence (AME) has grown into the leading not-for-earnings organization for the exchange of company excellence know-how. The association’s 4,000 associates occur with each other via practitioner-to-practitioner experiences to discover lean imagining and other operational enhancement methods, trade best methods, and community. By means of partaking workshops, plant tours, summits, and business-leading conferences, AME associates discover and put into practice new continual enhancement tactics in order to share, learn and expand. For much more info, check out ame.org.