Editor’s choice
upply chain disruption has become a pervasive challenge for businesses worldwide. From geopolitical conflicts to inflationary pressures and climate change events, the sources of disruption are diverse and widespread. Unfortunately, it seems supply chain disruptions are here for the foreseeable. According to a study by Gartner, 70 per cent of organisations view supplier relationship management (SRM) as a critical success factor for procurement. With greater visibility and control over the supply chain and improved supplier performance, you can ensure you are quids in and risk free. So, where should you start? Firstly, manufacturers must establish trusted partnerships with their suppliers, contractors and systems integrators. This involves developing relationships based on good communication - and good communication is typically open, honest and collaborative. Consider not only how they can serve you, but how you can help their business too. It is also important to look for a company whose expertise is tailored to your specific needs. For example, a good systems integrator should have proven experience in the industry, and should be able to provide references from satisfied clients. They should also have the appropriate technical expertise to understand your project requirements, and preferably experience deploying systems in your specific industry. Take quarrying as an example. In this highly regulated sector, Technidrive has developed a
S
Spotify and Uber revolutionised the ride-hailing experience by partnering to give riders the power to control their journey's soundtrack. Highway to Hell, anyone? This collaboration not only created a personalised experience for customers, but highlighted the importance of strategic partnerships in today's business world. Here, James Chester, technical director at systems integrator Technidrive explains the value of strategic partnerships in manufacturing and to ensure your supply chain is less Highway to Hell, more Stairway to Heaven.
STRATEGIC
COLLABORATION: THE IMPORTANCE OF TRUSTED PARTNERSHIPS IN MANUFACTURING
16 June 2023 Instrumentation Monthly
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