As our Supply Chain Matters readers are acutely aware, multiple industries are living through a perfect storm related to manufacturing. The past year has disrupted operations in a way that has not been seen before. Even absent outside events such as geo-political trade tensions and a pandemic, the writing was already on the wall for status-quo inventory management pre-COVID. Manufacturing planning and operational teams have long been mired in manual spreadsheet reporting, constant shortage firefighting, and reactive problem solving.
Customer-driven supply networks are finally “snapping back” but at the same time, continued disruptions and events are creating a “mess” for global manufacturers. The recent Suez Canal travel disruption added to these challenges.
While the temptation is great to return to the “old normal,” that could be the last decision companies should consider. It’s time to build long-lasting agility into inventory management processes and critically assess the systems, processes, and tools in place that aren’t cutting it anymore. Factory operations are ripe for disruption, and the way forward will be customer-driven and agility-focused.
On April 21st, Industry Week will be hosting a webinar: Going Beyond “Status Quo’ Supply Chains. In this webinar, 30-year lean manufacturing expert and entrepreneur Richard Lebovitz is joined by Vice President of Global Operations at Ingersoll Rand Paul Aram. Our own Supply Chain Technology Influencer and Supply Chain Matters Founder Bob Ferrari will also be a guest contributor. The panelists will discuss how to move past the status quo and not just to emerge from the storm, but to power ahead into the new and different seas beyond. This webinar is sponsored by LeanDNA.
Readers can register for this complimentary online event by accessing this Industry Week registration web page.