High Tech Systems have some unique properties that should be taken into account in supply chain management. These properties include the complexity of the products themselves, long lead times of components, the speed with which research and development of new products require adaptations to supply chain relations, and the customer product configuration process that may span months and affects timing and specification of the products to be delivered. This combination creates high volatility in demand for products, modules, and components which makes it complex for organization to do business.
The supply chain management function is heavily confronted with this complexity and uncertainty when matching supply and demand over long planning horizons due to long lead times. The nervousness is of such a magnitude that planners’ workload is no longer manageable towards the required level of quality in terms of feasibility of plans and schedules. It is getting clear that today’s best practices are not scalable to the next level in complexity and uncertainty, expected from the dynamics of future markets.
The High Tech Community aspires to develop the concepts and tools that allow High Tech Supply Chains to meet the challenges of a highly complex and volatile world over the coming five years.
To that end, we do road mapping sessions, during which we together identify the challenges that you want to address in the coming five years. Subsequently, we define projects together, on which you are involved from the practical side and we place an academic to support you from the theoretical side.
Some of the challenges that we are currently addressing, include:
- developing an approach and software platform for improved traceability of parts and materials;
- developing a technique for supply network risk analysis; and
- developing predictive analytics for advanced planning.
|EHTC: High Tech Supply Chain Roadmap||20/04/2021||14:00 - 16:00||Online event|
|EHTC: Autonomous planning and control in manufacturing||14/09/2021||12:00 - 18:00||Online event|
|Annual conference ESCF||30/09/2021||00:00 - 23:59||Online event|