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Infographic: The Resiliency Imperative – Charting the Scope of Manufacturing’s Supply Chain Challenges

Jennifer Alspach

Mar 7 2022

2 min read

The issues that now limit the free flow of U.S. imports and exports have simmered for decades. The COVID-19 pandemic simply brought the shortcomings to a full boil, revealing supply chain challenges and opportunities with unprecedented clarity.

Charting the Scope of Manufacturing’s Supply Chain Challenges

Recent Sikich research finds that manufacturers continue to report congestion, with limited relief in sight. Check out this new infographic to learn what industry manufacturing leaders are saying.

This infographic highlights:

Statistics about why U.S. ports simply can’t keep pace
How many manufacturers are currently being impacted
Issues surrounding this “new normal” of manufacturing complications
Percentages comparing order status between pre-pandemic and today
The consequence of diminished supply transparency
How placing technology bets can help

Upgrade Outmoded Legacy Systems

“Manufacturers have been the backbone of the economy for the last 24 months,” says Mike Peterson, Mid-market manufacturing industry executive at Microsoft. “We’ve seen an incredible pace of transformation across the entire value chain and laying the foundational capabilities to address these challenges will be critical for sustainable growth.”

Making progress on any of these issues requires advanced technology, and many current systems simply can’t meet new needs. While it’s tempting
to try to customize legacy systems, the cost and effort are usually prohibitive. The silos of existing systems don’t support the integration of multiple business processes to create efficiencies, collaboration and visibility necessary for every aspect of the manufacturing operation.

A strategic approach is crucial to ensuring that new technologies will be deployed in ways that truly benefit your business. Beyond cost reductions and controls, consider how technology can help you capture more/new revenue, operate more efficiently and expand to new markets.

Those who actively address their supply chain challenges with strategic use of technology will reduce their exposure to risks and enhance their businesses. The people who invest thoughtfully in technology can stand out from their peers and win market share.

Take your next steps to supply chain resiliency. Contact us today!

INDUSTRY RESEARCH: SUPPLY CHAIN RESILIENCY

The COVID-19 pandemic has manufacturing leaders rethinking their supply chain strategy. Sikich, in partnership with Microsoft and IndustryWeek, compiled the following based on our Supply Chain Resiliency survey findings to help manufacturers see where they stand compared to their peers, in order to make more informed decisions about future supply chain practices.

This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

About the Author

Jennifer Alspach