Take Control To Build a Resilient Supply Chain

"There are 6,000 parts in a car, and you need every one of them. If just one part is missing, you can't complete the car," says Laurence Montanari, Transportation & Mobility Vice President at Dassault Systèmes.

Supply chain disruptions cost the average organization 45% of a year's profits over a decade and challenges will come faster than ever with greater force and impact. According to Gartner, 60% of supply chain decision-makers are expected to make quicker, more informed decisions to mitigate volatility and sourcing risk. The pressure will escalate and you will need to step up to futureproof your supply chain.

An agile and resilient supply chain is traditionally defined by its capacity to resist and recover from volatility through risk anticipation and mitigation. However, today's increasingly complex automotive supply chain networks necessitate supply chain management to expand beyond managing and recovering from disruptions. Almost 80% of supply chain executives proactively invest in digital transformation for increased agility and resilience.

A futureproof strategy requires looking beyond the supply chain operations by integrating stakeholders from engineering to manufacturing for digital continuity. Instead of short-term plans that only address immediate challenges, optimal supply chain management requires connecting manufacturing and engineering processes with operations planning – to build long-term structural supply chain resilience against sourcing risk.