PANEL: Supply Chain Resiliency – Manage Through Disruption
Tuesday, April 13, 2021, 12:15 PM - 12:45 PM
Richard Chang Catherine Hayes Peri Subrahmanya Scott Dickenson Tim Osborn

Supply chain resiliency has always been an important element of competitive advantage to manufacturers. In earlier generations, it was necessary to own the entire supply chain to ensure a company controlled its own raw supplies, manufacturing, and distribution destiny. Recall the days of 1920s Ford Motor Company making their own steel. Today, leading automobile makers, indeed OEMs in general, have flourished via a distributed supply chain operating model, where nearly all component design, build, and delivery are outsourced across a multi-tiered global supplier network. However, due to the COVID-19 pandemic, the criticality of supply chain resiliency has been laid bare for everyone to witness. So, what is Supply Chain Resiliency? It is the supply chain's ability to be prepared for unexpected risk events, responding, and recovering quickly to potential disruptions to return to its pre-event state or adapt by moving to a new, more desirable state to increase customer satisfaction, market share and financial performance. Manufactures are being forced to recognize their vulnerabilities and with advanced technologies and Industry 4.0 adoption – interconnected sensors, computer vision, robotics, artificial intelligence, machine learning, digital twins, IIOT, and 5G network infrastructure – have proven to increase supply chain resiliency. Our panel of experts will discuss their experiences in managing their supply chains through the economic and technological disruptions and their strategies for the new future.