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Supply Chain Transformation

The Point of View of Quintiq


The deafening whirr of giant machines, the parade of parts on conveyor belts, the spinning, grabbing, twisting, bending and turning that magically transform raw materials and parts into products. There’s nothing quite as impressive as a factory, wouldn’t you agree?
But let’s get back to reality. Consumer expectations are changing. They want their products to be customized and they want them now. Some of the world’s leading factories are under tremendous pressure to produce faster, better and cheaper every day. This makes me wonder. Are your factories truly ready to face the future?

The factory of the future
According to Simon Jacobson at 2015’s Gartner Supply Chain Executive Conference, the factory of the future “puts manufacturing at the heart of the supply chain network, where it’s connected with the customer and influencing, versus just pick, pack and ship.”

What this means is that manufacturing processes – from suppliers to the shop floor to dealer – will be closely connected. In other words, the factory of the future will consist of end-to-end systems that are far more intelligent, flexible, and dynamic than the ones in use today.

The ultimate extension of this vision is that a customer could walk into a dealership, figure out exactly what type of car she wanted, and have it manufactured on demand, just for her, by a facility located relatively close by. Sounds impossible? Not with the right planning technology.

 


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Last update 10 Mar 2023
Softest decline in output for three months as supply- chain conditions improve
   Source: S&P Global US Manufacturing PMI   -  IHS Markit
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