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Manufacturing Supply Chains

The future success of any manufacturing company relies upon its ability to deliver the right product at the right time with the right quantity at the right price.  Products are branded and sold by individual companies, but those products are produced by supply chains.

U.S. manufacturing’s global competitiveness depends on the performance of companies at all levels of the supply chain.  Supply chain competitiveness depends not just on the performance of the supply chain’s individual members, but also on how the elements work together.   Collaboration among companies within supply chains is vital to business success, contributing to innovation, responsiveness to global market demand, quality improvements, sustainability, and other factors that differentiate companies from their competition.

A recent recognition of the significance of supply chains on global competitiveness occurred last week when the White House assembled over 30 manufacturers at the Supply Chain Innovation Initiative Roundtable. Throughout the day’s discussion, manufacturing leaders shared their insights on the importance of collaboration among supply chain partners, leveraging U.S. innovation assets like those at the National Labs and the national network of MEP Centers and how-to scale technology resources and best practice resources to reach even the smallest companies in supply chains.

MEP’s newest infographic demonstrates the interdependence of companies at all levels of supply chains. 

About the author

Mark Schmit

Department of Commerce’s National Institute of Standards and Technology's Manufacturing Extension Partnership (NIST MEP), since 1988, has been committed to strengthening U.S. manufacturing...

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Comments

The best way to develop US manufacturing supply chains on US soil is to replace the Free Trade policy with a Balanced Trade policy. By limiting our imports to the same value as our exports, we would divert our annual $720+ billion merchandise trade deficits into that much more demand for US-made goods. This would rebuild our manufacturing, create over 8 million new US jobs, reshore our military supply chains and our civilian supply chains, and rebuild our tax base. Not to mention restoring our national and popular sovereignty by backing away from the global governance of Free Trade treaty law and the international tribunals thus created. Will Wilkin Deputy Director Balanced Trade Associates www.balancedtrade.us
I believe that supply chain management will affect manufacturing companies in a variety of ways. By creating modern supply chain organization, data analysis will enable company to manage supply better.
With current challenges in manufacturing, chain supply interruption can give bad impact for your business growth. And yes, I agree that collaboration will be vital for your business to keep fulfilling demand.
Thanks for Sharing Your information.this is very useful information.

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