Local Manufacturing – So many things will go side by side with their final objective. It will provide clear-cut effect on the logistics industry and transform the way a business concern attempts and schedules their operations.
Customizability – It becomes easier, quicker, and more competent for companies to present tailor-made products to their customers.
Allotment of raw materials – It requires a remarkable shift in the way raw materials are dispersed as 3D printers will necessitate raw materials with the intention of generating the final product.
New replacement parts model – Business will get the capability to offer replacement parts as essential rather than attempting to forecast the requirements and manufacture the stock well beforehand (as they accomplish at present)
Blurred boundaries within businesses – A closer integration of the various departments of an organization will be mandatory. A siloed manufacturing department will no longer allow for a competitive business.
The companies that get achievement during this changeover will survive as the ones that settle in the early hours and leverage the tools they require so as to deal with this more multifaceted supply chain. These tools will have to permit for tighter incorporation with all facets of business varying from S&OP to Project Management to collaboration among suppliers and customers. Better visibility of the supply chain will be mandatory in order to understand how it is changing. But even more important will be the ability to analyze options and make proactive decisions based on the real data.
Posted by Rajib Dey
Content writer for www.loadjunction.com (Online solution provider for logistics professionals)