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Mitigating Supply Chain Risks
The Role of Product Lifecycle Management
Scott Reedy
Director, Product Marketing
Global Market Challenges
• Competition
• Innovation
• Outsourcing
• IP Protection
• Compliance
• Capital Investments
Disconnected Silos and Systems
Facility Damage
Disasters
Extreme Weather
Logistics Failures
Customer Demand Changes
Lost IP /
Counterfeits
Non-conformanc...
ü Aggregate entire product record into a
single system
ü Provide supplier access / collaboration
ü Ensure proactive qua...
Key Benefits
ü Product accuracy
ü Visibility
ü Compliance
ü Fewer NPI delays
ü Supplier leverage
ü Fewer Quality Iss...
PLM is the foundation to mitigate risk
§ Increases visibility, quality, compliance and cost management
§ Prevents scrap/...
www.arenasolutions.com
866.937.1438
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Mitigating supply chain risks

There are many supply chain risks for global product companies to contend with today. Product Lifecycle Management provides one way to mitigate several risks to improve quality, reduce costs, and accelerate new product introduction.

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Mitigating supply chain risks

  1. 1. Mitigating Supply Chain Risks The Role of Product Lifecycle Management Scott Reedy Director, Product Marketing
  2. 2. Global Market Challenges • Competition • Innovation • Outsourcing • IP Protection • Compliance • Capital Investments
  3. 3. Disconnected Silos and Systems
  4. 4. Facility Damage Disasters Extreme Weather Logistics Failures Customer Demand Changes Lost IP / Counterfeits Non-conformance Supplier disconnected from Quality initiatives Regulatory & Environmental Compliance Lack of visibility leads to wrong builds Increased scrap / rework Shipping delays Missed cost targets / margin erosion Part Shortages Production Line Down Can’t find alternate parts Supply Chain Risks
  5. 5. ü Aggregate entire product record into a single system ü Provide supplier access / collaboration ü Ensure proactive quality management ü Conduct demand analysis ü Manage component compliance and availability Foundation for Success
  6. 6. Key Benefits ü Product accuracy ü Visibility ü Compliance ü Fewer NPI delays ü Supplier leverage ü Fewer Quality Issues Product Development Risk Mitigation
  7. 7. PLM is the foundation to mitigate risk § Increases visibility, quality, compliance and cost management § Prevents scrap/rework and E&O § Reduces delays § Accelerates NPI and Time-to-Market Global manufacturing companies should consider… § Starting early § Creating programs & framework § Being proactive and considering recovery measures § Making risk management part of your “DNA” (always design for risk) Conclusions
  8. 8. www.arenasolutions.com 866.937.1438

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