Long before COVID-19 hit, the manufacturing sector faced serious yet low-key supply chain issues.
The pandemic exposed these unmet needs and expedited the adoption of tech and industry 4.0 capabilities to fix the obvious and most pressing challenges.
According to an Industry Today article, leveraging industry 4.0 to fix supply chain issues means starting off on the right foot.
Here are some tips to consider:
– Customize solutions to suit your needs – as your company’s supply chain needs evolve, adapt your digital transformation initiatives to keep up with the pace of change.
– Assess risk and prioritize – make sourcing a continuous process and ensure fast and informed decision making.
– Leverage phase implementation – prioritize quick-hit initiatives that drive immediate improvements and ensure they are coupled with longer-term changes that make your supply chain more resilient.
How are you tapping into industry 4.0 capabilities to strengthen your supply chain?