Supply chain shortages within world allocations is a recurrent situation that deserves a pragmatic approach where complexity level follows urgency level. With the global crisis we are going through, we are convinced that it is more important than ever to learn from our past experiences and to anticipate each step of a project in order to complete it successfully.
We believe that it is the perfect time to:
Speed is key, time is money, money is irrelevant…
At AMW, we believe that two parallel strategies must be applied to best manage this situation and the tensions it is causing:
This first tactical approach is essentially based on communication and transparency between the various project stakeholders. It is essential that each side has visibility on the overall project and its requirements in order to anticipate each step and react in the most agile and efficient way possible. Here are the steps we recommend you follow:
Then, it is time to ensure a more sustainable production and have a wider range of movement by expanding your supplier sources and adapting your components and specifications. This strategic approach is essential and the efforts made in times of crisis will pay off in the years and projects to come. Anticipation, prevention, action!
At AMW, we apply this process to our supply chain management because the role we play in this area, for our customers, is critical and strategic. Supply shortages are painful for everyone, but how they are anticipated and managed can dramatically change the impact on the business.
“The biggest risk in this crisis is to wait” – Thierry Basse, Director of sales & marketing
To go further: The 10 rules for a successful project with an EMS