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Mitigating Supply Chain Risks The Role of Product Lifecycle Management Scott Reedy Director, Product Marketing

Mitigating supply chain risks

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Page 1: Mitigating supply chain risks

Mitigating Supply Chain RisksThe Role of Product Lifecycle Management

Scott ReedyDirector, Product Marketing

Page 2: Mitigating supply chain risks

Global Market Challenges

• Competition

• Innovation

• Outsourcing

• IP Protection

• Compliance

• Capital Investments

Page 3: Mitigating supply chain risks

Disconnected Silos and Systems

Page 4: Mitigating supply chain risks

Facility DamageDisasters

Extreme Weather

Logistics Failures

Customer Demand Changes

Lost IP / Counterfeits

Non-conformance

Supplier disconnected from Quality

initiatives

Regulatory & Environmental

Compliance

Lack of visibility leads

to wrong builds

Increased scrap / rework Shipping delays

Missed cost targets /

margin erosion

Part Shortages

ProductionLine Down

Can’t find alternate parts

Supply Chain Risks

Page 5: Mitigating supply chain risks

ü Aggregate entire product record into a single system

ü Provide supplier access / collaboration

ü Ensure proactive quality management

ü Conduct demand analysis

ü Manage component compliance and availability

Foundation for Success

Page 6: Mitigating supply chain risks

Key Benefits ü Product accuracy

ü Visibilityü Compliance

ü Fewer NPI delaysü Supplier leverageü Fewer Quality Issues

Product Development Risk Mitigation

Page 7: Mitigating supply chain risks

PLM is the foundation to mitigate risk§ Increases visibility, quality, compliance and cost management§ Prevents scrap/rework and E&O§ Reduces delays § Accelerates NPI and Time-to-Market

Global manufacturing companies should consider…§ Starting early§ Creating programs & framework§ Being proactive and considering recovery measures§ Making risk management part of your “DNA” (always design

for risk)

Conclusions

Page 8: Mitigating supply chain risks

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