Enterprise Risk Planning
Discover how manufacturers can build operational and business resilience through risk mitigation, digital continuity and virtual twin technology.
According to a recent study, 77% of businesses consider that it is now more difficult to detect and manage risks, and industrial equipment organizations are no exception; they face increasingly complex risks that make it challenging for them to adapt and thrive.
Along with market volatility, global supply chain disruptions, regulations and labor shortages, manufacturers must contend with rapidly evolving environmental, social and governance (ESG) requirements, climate events, geopolitical and trade tensions, emerging technologies and cybersecurity breaches.
Risks have also become more interconnected, making them more complicated to mitigate. What used to be minor risks can exacerbate other risks and pose serious threats that reach far beyond individual companies.
A New Era for Enterprise Risk Planning
To manage risks while ensuring business continuity, industrial equipment manufacturers must adopt a holistic approach to enterprise risk planning and management to analyze, anticipate and mitigate risks across the entire product lifecycle and supply chain.
Rethinking enterprise risk planning is not just about using advanced risk analytics tools; it’s also about creating an effective risk culture that includes every stakeholder and embeds risk planning at all levels of development.
Companies that adopt and promote proactive risk strategies throughout their value network are more likely to successfully overcome crises and set themselves apart from competitors who struggle to keep up. Being able to swiftly adapt and respond to shifts in market demands and consumer habits while achieving regulatory compliance results in more than resilience – it enables manufacturers to transform their business and grow.
Our market is evolving rapidly. We must differentiate ourselves by providing high quality, high-performing and compliant solutions as well as maintenance and service capabilities… We believe we can do this with the Dassault Systèmes technology.
Integrating Sustainability Into Enterprise Risk Planning and Management
Effectively addressing rising environmental regulations and customer demands for higher sustainability throughout the manufacturing lifecycle is crucial for industrial equipment manufacturers to remain competitive and drive business growth.
From design to production processes, operations, and product use, maintenance and end-of-life, enterprise risk planning makes it possible for manufacturers to minimize waste and carbon emissions by improving resource allocation, energy efficiency and material reuse. Other improvements include optimizing machine durability and lifetime, which reduces needs for maintenance and spare parts.
Embracing risk planning and management frameworks enables manufacturers to limit environmental impact across their supply chain. Using predictive analytics and key performance indicators (KPIs) to accurately forecast and monitor needs empowers them to implement sustainable practices while supporting long-term operational efficiency and organizational resilience in the face of uncertainty.
Implementing a Proactive Risk Planning and Management Strategy
Dassault Systèmes’ 3DEXPERIENCE® platform provides industrial equipment manufacturers with the digital continuity solutions they need to implement a proactive, data-driven and collaborative risk planning strategy.
- An Integrated Platform Approach
- Virtual Twin Technology
- Actionable Insights
- Continuous Improvement
By centralizing a wide range of real-life and virtual data – including equipment-generated data – on a single platform, manufacturers gain real-time visibility, agility and control over each phase of the product development life cycle, from engineering to manufacturing and after-sales services.
Collaborating on a single source of truth enables organizations to synchronize operations, integrate scenario planning and optimize both product development and supply chain performance from the start.
The virtual twin plays a key role in organizations’ shift towards proactive risk planning. It enables manufacturers to perform powerful “what-if” scenarios, test different options, and mitigate risks before making real-world changes. By cross-checking information and simulating outcomes, businesses can better understand dependencies and anticipate the consequences of potential disruptions.
Beyond products, virtual twins can model any business process on the 3DEXPERIENCE platform, helping organizations visualize interconnections and proactively manage complexity across their entire value chain.
Powered by artificial intelligence (AI), advanced analytics that account for regulatory changes, complex product structures and data models provide engineering insights that can easily be measured and visualized through user-customized dashboards.
These capabilities empower companies to transform up-to-date data into actionable intelligence, helping them model their equipment and value networks, and identify and mitigate risks early in engineering, manufacturing and service phases.
With integrated solutions for enterprise risk planning, companies can further boost equipment availability by minimizing downtime, enhancing reliability and securing supply chain continuity.
By adopting the 3DEXPERIENCE platform, manufacturers enhance their decision-making, reduce delays and costs, and increase productivity and profitability – enabling continuous operational improvement and innovation.
Key Benefits of Enterprise Risk Planning on the 3DEXPERIENCE Platform
Manufacturers can optimize their operations by leveraging the 3DEXPERIENCE platform to:
Improve Supply Chain Resilience
Anticipate operational disruptions, optimize scheduling and plan alternatives before implementation with “what-if” scenarios and real-time data.
Empower Proactive Decision-Making
Model and simulate interdependencies and critical failure points to detect cascading risks, create and validate contingency plans across global sites early on.
Optimize Inventory and Logistics
Balance cost efficiency with service-level agility to optimize resources, production and transport and achieve financial stability.
Align Compliance and Sustainability Goals
Gain control over regulatory and environmental requirements with virtual process simulation and compliance validation.
Enhance Business Continuity
Mitigate financial and operational risks through predictive planning and strategic risk assessment.
Accelerate Ecosystem Reorganization
Reconfigure value networks with improved stakeholder collaboration and knowledge reuse to overcome industry challenges.
Enhancing Enterprise Risk Planning With Virtual Twins
Dassault Systèmes’ virtual twin technology enables manufacturers to virtually simulate “what-if” scenarios, operations, supply networks and products by integrating real-life and digital data to test scenarios, optimize processes and prepare for unplanned events.
- Leverage Data
This data-driven approach increases end-to-end visibility, allowing for accurate data-driven forecasting and performance monitoring, reducing downtime and maximizing cost-efficiency while improving compliance, quality and sustainability. - Overcome Industry Challenges
Virtual twins empower manufacturers to address industry challenges such as skilled worker shortages, reshoring and supplier diversification, which require effective planning, decision-making, collaboration and knowledge reuse to reorganize entire ecosystems while minimizing financial and operational risks. - Accelerate Regulatory Compliance
Virtual twin technology supports regulatory readiness by allowing companies to simulate and validate compliance requirements virtually before physical implementation. This not only accelerates certification processes but also reduces the risk of non-compliance, especially in highly regulated industries. - Increase Product Quality and Customer Satisfaction
These digital capabilities enable manufacturers to ensure higher product quality and safety by identifying issues earlier, optimizing processes and validating performance virtually, resulting in more reliable products, improved compliance with safety standards and stronger customer trust.
Explore Our Customer Stories
HD Hyundai Xitesolution
This Korean construction machinery manufacturer used virtual twins to synchronize operations across distributed teams.
Kobelco Construction Machinery
By centralizing its data and processes on a single platform, this Japanese manufacturer accelerated the development of its hydraulic excavators and crawler cranes.
Soosan Cebotics
Smart construction machinery manufacturer Soosan Cebotics integrated its operations in a single platform to streamline workflows and enhance efficiency across its operations.
automation.eXpress
Austrian special machine builder automation.eXpress implemented a digital continuity strategy on the 3DEXPERIENCE platform to increase data transparency, efficiency and productivity.
Hyundai Doosan Infracore
This construction equipment manufacturer synchronized its best practices across factories to enhance product quality and transform its operations.
CoorsTek
US-based technical ceramics manufacturer Coorstek uses the 3DEXPERIENCE platform to improve its manufacturing and maintenance efficiency through advanced simulation.