Solutions Lab
Supply Chain Disruptions
Solutions Lab
Supply Chain Disruptions
In recent years, disruptions to global supply chains caused shortages of critical medical device components such as ventilators and personal protective equipment (PPE). Medical device manufacturers faced challenges in meeting demand and sourcing materials, highlighting serious vulnerabilities in the supply chain.
Disruptions to the global supply chain – whether due to natural disasters, geopolitical tensions, or pandemics – can impact the availability of raw materials, components, and manufacturing capacity, leading to delays and increased costs for medical device manufacturers.
Capsifi addresses this challenge by visualizing the supply chain as one of several value streams and pinpointing weaknesses in the operating model. By highlighting areas lacking resilience and defining those pain points, Capsifi provides the ability to determine and record ideas and strategies to address them. Proactively addressing supply chain resilience allows organizations to develop action plans and mitigation strategies to enhance supply chain confidence.
In addition, by aligning industry-accepted risk frameworks with supply chain value streams, Capsifi offers an additional perspective to identify and understand vulnerabilities and their potential impact if exploited.
Here’s some practical ways the Capsifi platform can address and resolve these industry-wide challenges: