Leveraging a Materials Data Management System to build supply chain resilience

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Building supply chain resilience in the face of an ever-changing and uncertain geopolitical environment is crucial for any business to maintain and increase profit margins. Materials, as an important cost for any business creating physical products, can be the difference between profit and loss. Understanding the materials used in products, as well as where they are procured, is critical for finding alternatives and ensuring an operation remains profitable. Yet this type of information and data is often kept in departmental silos. 

 

This presentation explores practical approaches for seamlessly connecting enterprise systems such as PLM, with ERP and MRP through a digital thread based on a materials authoritative source of truth. This can enable businesses to easily identify alternative materials, evaluate their performance, quality, cost, and supply chain parameters, and enable them to make data-driven decisions to de-risk their operations and build business resilience.

(MFG) Manufacturing