Mitigating supply chain risks

Mitigating Supply Chain RisksThe Role of Product Lifecycle Management

Scott ReedyDirector, Product Marketing

Global Market Challenges

• Competition

• Innovation

• Outsourcing

• IP Protection

• Compliance

• Capital Investments

Disconnected Silos and Systems

Facility DamageDisasters

Extreme Weather

Logistics Failures

Customer Demand Changes

Lost IP / Counterfeits

Non-conformance

Supplier disconnected from Quality

initiatives

Regulatory & Environmental

Compliance

Lack of visibility leads

to wrong builds

Increased scrap / rework Shipping delays

Missed cost targets /

margin erosion

Part Shortages

ProductionLine Down

Can’t find alternate parts

Supply Chain Risks

ü Aggregate entire product record into a single system

ü Provide supplier access / collaboration

ü Ensure proactive quality management

ü Conduct demand analysis

ü Manage component compliance and availability

Foundation for Success

Key Benefits ü Product accuracy

ü Visibilityü Compliance

ü Fewer NPI delaysü Supplier leverageü Fewer Quality Issues

Product Development Risk Mitigation

PLM is the foundation to mitigate risk§ Increases visibility, quality, compliance and cost management§ Prevents scrap/rework and E&O§ Reduces delays § Accelerates NPI and Time-to-Market

Global manufacturing companies should consider…§ Starting early§ Creating programs & framework§ Being proactive and considering recovery measures§ Making risk management part of your “DNA” (always design

for risk)

Conclusions

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