SUPPLY CHAIN
“ DATA ECOSYSTEMS SUPPORT REAL-TIME SUPPLY IN THE MANUFACTURING VALUE CHAIN ”
HELENA JOCHBERGER GLOBAL LEAD MANUFACTURING , CGI
Supplier networks can help offset inflation , says CGI But she says that , in order to share data , those in the ecosystem need :
• Clear contractual frameworks with defined rights and duties .
• To have trust in sharing their data
• Data Standards in place .
“ With the help of privacy enhancing technologies manufacturers can share data without disclosing intellectual property ,” Jochberger says . “ If organised in the right way , data driven supplier ecosystems can help mitigate inflation by assuring supply in manufacturers ’ value chain .
Another area in which robust supplier networks and ecosystems pay dividends , says Jochberger , is in mitigating disruption .
Data ecosystems mitigate against disruption “ Data ecosystems support real-time supply in the manufacturing value chain . If one supplier is unable to deliver a part , they will know because of predictive forecasting , and another supplier will take over ,” says Jochberger .
Sustainability is another goal with which collaborative networks can help .
“ Sustainability targets have become a business imperative , as financial institutions will no longer finance companies that are not adhering to ESG compliance ,” she continues . “ Data-driven supplier ecosystems create transparency on emissions and wastage along the value chain , and because of this manufacturers will be able to reduce both .”
Another supply chain professional in no doubt as to the importance of collaborative
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