{"id":1924,"date":"2022-02-03T14:24:46","date_gmt":"2022-02-03T06:24:46","guid":{"rendered":"https:\/\/jobman.com\/?p=1924"},"modified":"2022-10-03T20:48:37","modified_gmt":"2022-10-03T12:48:37","slug":"build-a-resilient-supply-chain","status":"publish","type":"post","link":"https:\/\/jobman.com\/us\/articles\/build-a-resilient-supply-chain\/","title":{"rendered":"How Manufacturers Can Build a Resilient Supply Chain"},"content":{"rendered":"<p class=\"p1\">Supply chain resilience is in the spotlight. Not only in Australia and New Zealand but around the world, the COVID-19 pandemic has thrown supply chains into disarray.<\/p>\n<p class=\"p1\">As more and more manufacturers source from suppliers overseas or sell in a global marketplace, supply chain resilience has never been more mission-critical.<\/p>\n<p class=\"p1\"><span class=\"s1\"><a href=\"https:\/\/jobman.com\/us\/articles\/how-erp-software-helps-manufacturers-navigate-uncertainty\/\">Unexpected disruptions can come from anywhere<\/a><\/span>. But by building a robust, resilient supply chain, any manufacturer, cabinetmaker or warehouse can avoid losses and weather the storm.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h2 class=\"p2\"><b>Strategies you can use to improve supply chain resilience and efficiency<\/b><\/h2>\n<h3 class=\"p3\">Understand your business end-to-end<\/h3>\n<p class=\"p1\">First things first: you need to know your business. That doesn\u2019t just mean understanding what you produce, but also:<\/p>\n<ul class=\"ul1\">\n<li class=\"li1\">Where raw materials originate<\/li>\n<li class=\"li1\">Supply timelines and transport routes<\/li>\n<li class=\"li1\">What materials can be substituted<\/li>\n<li class=\"li1\">Inventory that is taking up space<\/li>\n<li class=\"li1\">Which products or services have the highest (and lowest) profit margin<\/li>\n<li class=\"li1\">The materials you use regularly<span class=\"Apple-converted-space\">\u00a0<\/span><\/li>\n<\/ul>\n<p class=\"p1\">Once you know which materials and suppliers you rely on, you can build a risk profile for your business. <a href=\"https:\/\/jobman.com\/us\/articles\/how-to-know-when-time-implement-erp\/\"><span class=\"s1\">Implementing a specialised ERP<\/span><\/a> is the most efficient way to understand your operation in real-time.<\/p>\n<h3 class=\"p3\">Identify vulnerabilities<\/h3>\n<p class=\"p1\">Border closures hit Australia\u2019s manufacturing sector hard. All of a sudden, global air cargo capacity <a href=\"https:\/\/www.csiro.au\/en\/work-with-us\/services\/consultancy-strategic-advice-services\/csiro-futures\/futures-reports\/manufacturing-sept-2020\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">shrank by 24.6%<\/span><\/a>. Raw material coming from overseas or interstate became more difficult to source, with delays flowing down the production pipeline.<\/p>\n<p class=\"p1\">Putting all your eggs in one basket (i.e. relying on a single supplier for parts or material) is a business risk. So is storing inventory in one location, focusing all your production capacity on a single product or selling into a single market.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">This leads us to\u2026<\/p>\n<h3 class=\"p3\">Diversify your strategy<\/h3>\n<p class=\"p1\">A diverse supply chain is a resilient supply chain. There are two key ways to divide and conquer:<\/p>\n<p><strong>1. Source from multiple suppliers<\/strong><\/p>\n<p class=\"p1\">Partnering with diverse suppliers is a safeguard to avoid disruption. Seek out suppliers who can meet your needs and invest in building a relationship over time.<\/p>\n<p><strong>2. Build flexibility into your operating model<\/strong><\/p>\n<p class=\"p1\">If 2020 and 2021 taught us anything, it\u2019s that flexibility pays off. Strategies like spreading inventory between storage locations and <a href=\"https:\/\/www.dfat.gov.au\/trade-and-investment\/business-envoy-august-2020-road-back\/pandemic-pivots-rising-challenge\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">rapidly pivoting to new products<\/span><\/a>, services, or solutions ensure your business is resilient in the face of disruption.<\/p>\n<h3 class=\"p3\">Reconsider redundancies<\/h3>\n<p class=\"p1\">While it might be tempting to integrate redundancies into the supply chain, the resulting cost and clutter are unsustainable.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">Instead of redundancies (like extra inventory, safety stock or additional workers), look for opportunities to pivot, redirect and optimise in line with <a href=\"https:\/\/jobman.com\/us\/articles\/5-step-guide-lean-project-management\/\"><span class=\"s1\">Lean and Six Sigma principles<\/span><\/a>.<\/p>\n<h3 class=\"p3\">Use technology and data to scale<\/h3>\n<p class=\"p1\">As your business grows, operations can quickly become chaotic. Using an ERP to centralise and streamline end-to-end data means management can:<\/p>\n<ul class=\"ul1\">\n<li class=\"li1\">Analyse supplier costs and performance<\/li>\n<li class=\"li1\">Streamline order procedures<\/li>\n<li class=\"li1\">Build relationships with key suppliers<\/li>\n<li class=\"li1\">Cut operational waste<\/li>\n<li class=\"li1\">Invest in growth<\/li>\n<li class=\"li1\">Identify continuous improvement targets<\/li>\n<\/ul>\n<p class=\"p4\"><span class=\"s3\">In short, an <a href=\"https:\/\/jobman.com\/us\/articles\/using-erp-better-business-decisions\/\"><span class=\"s1\">ERP leads to more informed business decisions<\/span><\/a>.<\/span><\/p>\n<h2 class=\"p2\"><b>The best manufacturing ERP for resilient supply chains<\/b><\/h2>\n<p class=\"p1\">Jobman is an end-to-end ERP for manufacturing, cabinetmaking and joinery businesses. With the tools you need to scale your business, plus real-time operational insights, accurate data, and total business transparency, Jobman is the first step to a resilient supply chain.<\/p>\n<p class=\"p4\"><span class=\"s4\"><a href=\"https:\/\/jobman.com\/us\/features\/\">See the benefits<\/a> for yourself<\/span><span class=\"s3\"> or <a href=\"https:\/\/jobman.com\/us\/contact\/\"><span class=\"s1\">contact us<\/span><\/a> to arrange a demo.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Supply chain resilience is in the spotlight. Not only in Australia and New Zealand but around the world, the COVID-19 pandemic has thrown supply chains into disarray. As more and&#8230;<\/p>","protected":false},"author":4,"featured_media":1925,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-1924","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-erp"},"_links":{"self":[{"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/posts\/1924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/comments?post=1924"}],"version-history":[{"count":0,"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/posts\/1924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/media\/1925"}],"wp:attachment":[{"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/media?parent=1924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/categories?post=1924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobman.com\/us\/wp-json\/wp\/v2\/tags?post=1924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}