Even before the global pandemic, OEMs (Original Equipment Manufacturers) had identified supply chain risk as one of the main challenges facing them. Any number of threats can manifest against supply chains, including inventory management issues, logistical disruption, regulatory threats – even theft and sabotage.
The need to address these risks and build resilience and flexibility into supply chains was imperative before the pandemic, but it is even more critical in the post-pandemic world. So, what can OEMs do?
Manufacturers today face a range of difficulties in coordinating with their suppliers:
One way in which companies can answer these challenges and ensure supply chain stability is by digitally enabling their supply chains.
For OEMs, this means building digitalized, data-driven supply chains that allow them to collaborate more closely with their suppliers. Continuous communication and collaboration via a shared platform on the cloud increases transparency, which in turn allows for greater agility. For example, if a capital equipment failure hits one part the supply chain, OEMs have instant visibility, allowing them to quickly implement a backup strategy.
Full visibility for better results
Manufacturers are also finding it helpful to bring in suppliers at earlier and earlier stages of projects, and often count on suppliers to design components or assemblies – not just build them. Doing so helps prevent errors, ensure compatibility of procured components and reduce the need for rework and error-correction, but requires close collaboration from the earliest days of a project.
The 3DEXPERIENCE platform helps OEMs achieve these capabilities by giving them the ability to build digitally integrated supply chains through a unified, cloud-based solution. Businesses can bring together stakeholders across the supply chain to encourage collaborative planning and data-sharing that improves transparency and insight.
OEMs can benefit from a number of practical applications, including the ability to:
The 3DEXPERIENCE cloud-based platform delivers all of these benefits, bringing manufacturers closer to their suppliers by creating, managing and continuously analyzing integrated supply chain solutions that lead to smarter, more agile businesses.
Want to explore what is the best solution for your company? Speak to one of our experts to tailor it to your specific needs.