cover image: WHY RESILIENT DESIGN IS CRITICAL TO FIXING OUR SUPPLY CHAINS AND

20.500.12592/p10g21

WHY RESILIENT DESIGN IS CRITICAL TO FIXING OUR SUPPLY CHAINS AND

23 Dec 2022

● The supply chain of the future will utilize AI to automate the design of planning systems utilizing simula- tion to model variability and identify resilient networks that can respond in a cost efficient and agile way to risk and disruption. [...] Interestingly, resilience requires both a constant re-evaluation of the supply chain design to incorporate the most recent performance figures and market dynamics, and the use of the adjusted design in the operational planning phase of demand/supply balancing. [...] incorporate the most We are cognizant that the design and performance of the planning system recent performance isn’t the only factor driving the type of disruption we are seeing. [...] 6 l Why Resilient Design is Critical to Fixing our Supply Chains and ending Disruption When we talk about design, we are not focussed on the type of strategic network design that determines the geographical structure of networks, the location of facilities, and the type of capabilities in the supply chain network. [...] In summary, we have the following happening in our supply chains: ● Planning systems that are a single simulation of the future and that don’t take account of variability ● A model that has no way of reflecting probabilistic outcomes and likelihood in the plans they generate ● Systems that are manually configured and infrequently updated despite the dynamic nature of the networks they plan ● Signi.
Pages
12
Published in
Canada