Mitigating Supply Chain Risks The Role of Product Lifecycle Management Scott Reedy Director, Product Marketing
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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