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10 Ins and Outs for Supply Chain Risk Management in 2024

Resilinc

In this blog, our supply chain experts share their list of ins and outs for supply chain risk management in 2024, from diversifying your supplier base to mapping your supply chain down multiple tiers. How long does it take for your team to identify how the disruption will impact supplier sites, products, and parts?

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Tools for Mapping Complex Supply Chains: Tips for Your Toolbox

Resilinc

That’s a lot for supply chain resiliency program managers to handle alone, which is why we’ve put together this list of the top tools for mapping complex supply chains that you need in your toolbox. Traditional Methods of Supply Chain Mapping In the past, companies had to manually map their supply chain.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

This starts with mapping sites across the world that supply your business—several tiers below your direct suppliers. Mapping is a resource- and time-intensive activity, but Resilinc’s hybrid approach to Multi-Tier Mapping can streamline the process for your company.

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UFLPA Compliance: How One Volkswagen Part Led to Thousands of Impounded Luxury Cars

Resilinc

This is where a combination of multi-tier mapping down to the part-site level and supplier risk assessments can help give companies the visibility they need. Automotive companies must do this by mapping their supply chains. Resilinc has the tools to give automakers the critical visibility they need.

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“True Greenfield” – Answering the Distribution Service Time Challenge 

Logility

For the last three decades, analysts have used stopgap measures to narrow down the search area, the two classic being 1) guessing at locations (the pin-in-the-map method); and 2) using a purely mathematical technique called center of gravity analysis. COG looks very logical and orderly on a map. These lead to the wrong answer.

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Multi-Tier Mapping vs. AI Mapping: What’s the Difference?

Resilinc

A comprehensive risk management program begins with data — mapping data to be specific. As you do research, it’s likely you’ll find different options are available, and you may wonder… Is AI mapping the best solution for mapping my supply chain? How accurate is AI mapping and what features are most important?

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Do You Know the Difference between MES and MOM?

DELMIA Quintiq

It can therefore be mapped to the Production module of DELMIA MOM (Apriso). This includes production tracking, work instructions, and machine connections, for example. According to the ISA95 standard, MES roughly corresponds to the production dimension set of capabilities.