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Supply Chain: Risk Mitigation Strategy for
Inventory Shortages
August 4, 2020
Matthew Boehne
CRL, Moderator
Picture of Person
Matt’s focus on the future of reliability is driven by
25+ years of experience in architecting and
implementing EAM/CMMS solutions for global
customers across the life sciences, manufacturing,
energy & utilities, oil & gas, facilities, and
government industries. As CEO of Banetti, his focus
is on enhancing the performance of the
organizations he works with, and thereby improving
the lives of those within these organizations. He
speaks frequently on their mission to bring
reliability, maintenance and operations together
through the improvement and integration of
processes and the CMMS platform.
CRL, Maximo Deployment Professional
Dave Reiber
CRL, Ret. General Motors
Picture of Person
Dave, the former Global Business Lead for Enterprise
Asset Management & Condition Based Technologies at
General Motors, has 30+ years as a leader in Enterprise
Asset Management and Asset Condition Monitoring.
Dave is a seasoned international trainer with deep
experience in handling diverse cultures and languages.
He has received a Chairman’s Honor Award for Leading
a GM Team in developing Global Maintenance Business
Processes and a CIO award for successful Enterprise
Asset Management deployment in Liuzhou, China.
CRL, CMRP
Certified – Infrared / Ultrasound
Certified Maximo Deployment Professional
Carlos Suarez
CRL, Fmr. Johnson & Johnson
Picture of Person
Carlos spent 25 years in the regulated Life
Sciences industry gaining vast experience in
asset management, planning and scheduling,
asset lifecycle management, risk management,
RCA and technology project ownership & system
administration (CMMS, MES, OEE). At J&J, he led
all reliability projects that were centered around
the ME2 (Manufacturing Equipment Excellence)
program for his site, resulting in those programs
flawlessly surpassing all ROI calculations.
Now at Banetti, he shares his experience with
their portfolio of clients while helping them
achieve their Reliability and Maintenance goals.
CRL, J&J ME2 Certified
Agenda
NonStop Reliability Overview
Part 1 - What we are facing
Part 2 - How we need to shift
Part 3 - Leveraging technology for success
Q&A
Conclusion
NonStop Reliability
NonStop Reliability focuses 100% of its resources on improving reliability programs across the world.
It is a community of practitioners, advisors and suppliers who come together to improve reliability through
sharing and understanding.
Here we focus on harnessing, dissecting and sharing those practices which make reliability possible. We do
that by engaging with cross-industry experts who have walked the walk and achieved success in their
careers.
We know the path will be arduous. We know you will be challenged. We also know that it has been done,
and that you can and will succeed with this community behind you.
Audience Poll
Q: How are you creating redundancy in your supply chain since
the pandemic? (Check all that apply)
A) Increasing inventory to create an emergency safety net
B) Relocating supply chains back to the US
C) Increasing communication and forecasting with partners
D) Diversifying suppliers of materials
E) Creating a supply chain management system
Part 1
What We are Facing Supply Chain Disruption
Unknown Return to Normal
Systemic Impact
Limited StartUp Capacity
Delivery Demands
Shortfalls
Consumer Confidence
hhh
Source: Techtelco
The Scope of the Challenge
Risk Mitigation
Objective Alignment
Cross-Functional Team
Holistic Processes
Critical Criteria
Leverage Human Know-How
Objective Driven Digitization
Source: UPS CampusShip
Audience Poll
Q: Since the pandemic, what are the biggest challenges facing
your supply chain? (Check all that apply)
A) Regulatory activities
A) Shortages from China, India or other international locations
B) Manufacturing delays (Critical component shortages)
C) Transportation capacities
D) Inadequate planning for short/long term disruption
Part 2
How We Shift Multi-Path
Multi-Target
Human Driven
Differing Objectives
Differing Expectations
Insufficient “Cushion”ggg
Source: Profit from IOT
The Scope of the Challenge
Supply Chain State
Single Source Supplier
Single Point of Failure
Lack of Detailed Insight
Overly Automated
Rationing
Layoffs
Miscommunication across departments
Majeure declaration in supplier contracts
Planning for Resilience
Objective Alignment
Single Source Elimination
Bottleneck Mitigation
Alternative outbound logistics options
Secure capacity
Production scheduling agility
Conduct global scenario planning
Supply network analysis & mapping
Audience Poll
Q: Is your organization implementing new technology due to
COVID-19 and the challenges you have faced?
A) Currently implemented
B) Pilot stages
C) Budgeted 1 year
D) Planned 3 years
E) No plans
Part 3
Leveraging Technology Human Augmentation
Process Driven
FMEA
Data Analytics
Artificial Intelligence
3D Printingggg
Source: Quora
The Scope of the Challenge
Top Concerns - SC Improvement
36% cite technical skill gap
27% cite data sensitivity
23% say lack of interoperability
22% cite security threats
18% cite handling data growth
Top Solutions
Training - Digital tools and skills
Identify data sharing needs during project planning
Vendor cooperation
Create smart project teams
Combine OT and IT professional
Assess vulnerabilities
Identify the data that yields insights
NonStopReliability.com
KEY TAKEAWAYS
Tech Augments Humans
Assess & Mitigate Risk
Single Point of Failure Mitigation
Critical Internal Alignment
Vendor Data Sharing
Matthew Boehne
matt.boehne@banetti.com
Carlos Suarez
carlos.suarez@banetti.com
Dave Reiber
davedreiber@gmail.com

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2020 Risk Mitigation Strategies For Inventory Shortages | Supply Chain Management

  • 1. Supply Chain: Risk Mitigation Strategy for Inventory Shortages August 4, 2020
  • 2. Matthew Boehne CRL, Moderator Picture of Person Matt’s focus on the future of reliability is driven by 25+ years of experience in architecting and implementing EAM/CMMS solutions for global customers across the life sciences, manufacturing, energy & utilities, oil & gas, facilities, and government industries. As CEO of Banetti, his focus is on enhancing the performance of the organizations he works with, and thereby improving the lives of those within these organizations. He speaks frequently on their mission to bring reliability, maintenance and operations together through the improvement and integration of processes and the CMMS platform. CRL, Maximo Deployment Professional
  • 3. Dave Reiber CRL, Ret. General Motors Picture of Person Dave, the former Global Business Lead for Enterprise Asset Management & Condition Based Technologies at General Motors, has 30+ years as a leader in Enterprise Asset Management and Asset Condition Monitoring. Dave is a seasoned international trainer with deep experience in handling diverse cultures and languages. He has received a Chairman’s Honor Award for Leading a GM Team in developing Global Maintenance Business Processes and a CIO award for successful Enterprise Asset Management deployment in Liuzhou, China. CRL, CMRP Certified – Infrared / Ultrasound Certified Maximo Deployment Professional
  • 4. Carlos Suarez CRL, Fmr. Johnson & Johnson Picture of Person Carlos spent 25 years in the regulated Life Sciences industry gaining vast experience in asset management, planning and scheduling, asset lifecycle management, risk management, RCA and technology project ownership & system administration (CMMS, MES, OEE). At J&J, he led all reliability projects that were centered around the ME2 (Manufacturing Equipment Excellence) program for his site, resulting in those programs flawlessly surpassing all ROI calculations. Now at Banetti, he shares his experience with their portfolio of clients while helping them achieve their Reliability and Maintenance goals. CRL, J&J ME2 Certified
  • 5. Agenda NonStop Reliability Overview Part 1 - What we are facing Part 2 - How we need to shift Part 3 - Leveraging technology for success Q&A Conclusion
  • 6. NonStop Reliability NonStop Reliability focuses 100% of its resources on improving reliability programs across the world. It is a community of practitioners, advisors and suppliers who come together to improve reliability through sharing and understanding. Here we focus on harnessing, dissecting and sharing those practices which make reliability possible. We do that by engaging with cross-industry experts who have walked the walk and achieved success in their careers. We know the path will be arduous. We know you will be challenged. We also know that it has been done, and that you can and will succeed with this community behind you.
  • 7. Audience Poll Q: How are you creating redundancy in your supply chain since the pandemic? (Check all that apply) A) Increasing inventory to create an emergency safety net B) Relocating supply chains back to the US C) Increasing communication and forecasting with partners D) Diversifying suppliers of materials E) Creating a supply chain management system
  • 8. Part 1 What We are Facing Supply Chain Disruption Unknown Return to Normal Systemic Impact Limited StartUp Capacity Delivery Demands Shortfalls Consumer Confidence hhh Source: Techtelco
  • 9. The Scope of the Challenge Risk Mitigation Objective Alignment Cross-Functional Team Holistic Processes Critical Criteria Leverage Human Know-How Objective Driven Digitization Source: UPS CampusShip
  • 10. Audience Poll Q: Since the pandemic, what are the biggest challenges facing your supply chain? (Check all that apply) A) Regulatory activities A) Shortages from China, India or other international locations B) Manufacturing delays (Critical component shortages) C) Transportation capacities D) Inadequate planning for short/long term disruption
  • 11. Part 2 How We Shift Multi-Path Multi-Target Human Driven Differing Objectives Differing Expectations Insufficient “Cushion”ggg Source: Profit from IOT
  • 12. The Scope of the Challenge Supply Chain State Single Source Supplier Single Point of Failure Lack of Detailed Insight Overly Automated Rationing Layoffs Miscommunication across departments Majeure declaration in supplier contracts Planning for Resilience Objective Alignment Single Source Elimination Bottleneck Mitigation Alternative outbound logistics options Secure capacity Production scheduling agility Conduct global scenario planning Supply network analysis & mapping
  • 13. Audience Poll Q: Is your organization implementing new technology due to COVID-19 and the challenges you have faced? A) Currently implemented B) Pilot stages C) Budgeted 1 year D) Planned 3 years E) No plans
  • 14. Part 3 Leveraging Technology Human Augmentation Process Driven FMEA Data Analytics Artificial Intelligence 3D Printingggg Source: Quora
  • 15. The Scope of the Challenge Top Concerns - SC Improvement 36% cite technical skill gap 27% cite data sensitivity 23% say lack of interoperability 22% cite security threats 18% cite handling data growth Top Solutions Training - Digital tools and skills Identify data sharing needs during project planning Vendor cooperation Create smart project teams Combine OT and IT professional Assess vulnerabilities Identify the data that yields insights
  • 16. NonStopReliability.com KEY TAKEAWAYS Tech Augments Humans Assess & Mitigate Risk Single Point of Failure Mitigation Critical Internal Alignment Vendor Data Sharing Matthew Boehne matt.boehne@banetti.com Carlos Suarez carlos.suarez@banetti.com Dave Reiber davedreiber@gmail.com