Sunday, January 17, 2016
Reshoring Lesson #2 - Impacts all levels of the supply chain
Once the reshoring decision is made, manufacturers need to pick either a new or an existing facility for their local production. This decision impacts all levels of the supply chain and often involves establishing new workflows between suppliers, partners and manufacturing sites, not to mention optimizing inventory, warehousing and transportation management.
Successful manufacturers have learned that their ERP solution should be an asset and not a liability. Modern ERP solutions give manufacturers advanced features that provide better visibility of the extended supply chain and support multi-location supplier collaboration.
What lessons can you learn?
Lesson #1- Making optimal decisions
Lesson #3 - How to manufacture products