2020 has changed how a lot of companies do business for the foreseeable future. One of the sectors that has been the most impacted is manufacturing, a sector that is having to reevaluate their supply chains to navigate a new set of challenges. Here are some of the key areas manufacturers are working on when it comes to redeveloping their supply chains.
Investment in Automation
Manufacturers are becoming increasingly interested in automation technologies. Due to labor shortages and enforced shutdowns companies are taking a second look into conveyors, robotics and other technologies that will begin a transition to automation. This trend will likely continue since manufacturers are looking into reshoring initiatives. In tandem with this is renewed interest in apprenticeships, which will provide young talent with the skills to manage and diagnose these machines.
Localized Sourcing
Manufacturers have been forced to refocus on where they source raw materials, products and services. Many companies are taking into consideration not only sourcing them within North America but they’re choosing to look locally as well. As a result, manufacturers will be apt to source local supply chain expertise as well, since those companies will understand those routes the best. With new supply chain partners, manufacturers will need to work closer than ever to ensure
Increased Learning and Support through Collaboration
The influx of changes have caused many manufacturers to turn to their supply chain partners during this time. The increase in communication and collaboration across industries has caused an increase in learning and support for companies across the entire supply chain. While transitions of this magnitude are not quick, many companies see them as necessary and are adapting faster than ever before. They’re also turning to outside the box solutions, which can only be found when they collaborate with their supply chain partners.
At Zip Xpress, we understand the dynamic changes manufacturers are going through. Re-evaluating supply chains is a large endeavor, but it’s a process that will create stronger companies in the years to come. We’ve helped many companies develop custom carrier solutions that have revitalized their supply chains as well as provided unique solutions to all of our partners. To see how we can develop a custom carrier solution for your organization, start today with Zip Xpress!