Reinvent Your Manufacturing Network for a Changing Global Economy
“Complexity in sourcing networks is continually increasing, especially with adding or changing suppliers. These changes add significant volatility to manufacturing through changes to inventory levels, production scheduling and more.”
Get insights in this Gartner report.
“In a volatile economic environment, gaining a measure of control and consistency is paramount. Manufacturing leaders must realign their approach to cost drivers, improve decision making, and plan the impacts of sourcing network changes to reinvent their manufacturing strategy.”
Unlock strategic insights in the Gartner® report, “Reinvent Your Manufacturing Network for a Changing Global Economy”. This guide provides actionable recommendations and key findings, including:
- Leverage scenario analysis to evaluate cost component impact on total supply chain cost to serve.
- Balance total cost to serve with enterprise-level network objectives.
- Scenario-plan the impact on manufacturing from short-term and long-term changes in the sourcing network.
- Layer “what-if” scenario modeling to evaluate network impacts for different manufacturing strategies.
Process Manufacturing Businesses
Process Manufacturing companies encounter significant difficulties in maintaining visibility throughout their operations, coordinating material supply, managing inventory, and ensuring sustainable practices.
To address these challenges, businesses are turning to supply chain design and optimization solutions.
Gartner, Reinvent Your Manufacturing Network for a Changing Global Economy, Ronak Gohel, August 8, 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.