INSIGHT ARTICLE |
This year has had no shortage of events that underscore the importance of supply chain visibility: shifting business impacts as COVID-19 case numbers started to rise again, extreme weather events around the country and the world, and a return to a tight labor market. Manufacturing companies need to achieve situational awareness by gaining visibility and synchronization of their supply chains in order to navigate these fluctuations efficiently and with minimal disruption to customers.
Harnessing the power of enabling technologies is one of the most effective ways to improve visibility and drive efficiencies across the supply chain. Manufacturers might consider using AI-driven simulation tools and digital twins to better anticipate supply chain disruptions and help them understand when to adjust their plans accordingly.
Because interconnectivity will drive such efforts, businesses should also look for opportunities to further integrate smart device capabilities across their organization. Just as important to the implementation of these AI-driven tools is a leadership team committed to supporting their integration throughout the business on a holistic level.
Originally published in the Manufacturing Leadership Journal, read this RSM-authored article to learn how advanced technologies can help manufacturers achieve better situational awareness of their supply networks, and how foundational information technology and operational systems are key to doing so.
How can advanced IT help manufacturers?
©2021 Manufacturing Leadership Council, a division of the National Association of Manufacturers. All rights reserved
Questions or Want to Talk?
Call us directly at 972.221.2500 (Flower Mound) or 940.591.9300 (Denton),
or complete the form below and we’ll contact you to discuss your specific situation.
This article was written by Hansoo Kwon and originally appeared on 2021-10-27.
2021 RSM US LLP. All rights reserved.
https://rsmus.com/what-we-do/industries/industrials/streamlining-supply-chains.html
RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com/aboutus for more information regarding RSM US LLP and RSM International. The RSM(tm) brandmark is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.
KHA Accountants, PLLC is a proud member of RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States. RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax and consulting services focused on the middle market. RSM US LLP is a licensed CPA firm and the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
Our membership in RSM US Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.
For more information on how KHA Accountants can assist you, please call 972.221.2500.