What is Supply Chain Disruption?

To minimize the impact of supply chain disruptions:

• Have a system a place to enable real-time communication and collaboration between product teams and supply chain partners
• Conduct a supply chain risk assessment
• Diversify your supplier base
• Build up a contingency stock
• Identify backup suppliers

Supply chain disruptions can cause:

• Product shipment delays
• Quality issues
• Increased customer complaints
• Lost revenue
• Inability to gain first-mover advantages

Cloud-based PLM solutions enable product teams and supply chain partners to access current product information and collaborate in real-time from any location. This ensures that all impacted teams are always on the same page and helps circumvent manufacturing design issues, material shortages, and other supply chain shocks.