The Challenge

In 2020, a global semiconductor shortage that persisted into 2021 disrupted production schedules for consumer electronics companies worldwide. Many manufacturers aced delays and increased costs due to shortages of critical components, highlighting the importance of resilient supply chains.

New and emerging technologies enable companies to enhance supply chain visibility and resilience through the use of tools like advanced analytics, real-time monitoring systems, and blockchain for traceability. This helps mitigate risks associated with supply chain disruptions and ensures continuity of operations.

The Solution

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:

Use value streams to represent supply chains
Make use of various overlays and assessments to highlight areas of weakness or lack of resilience in the supply chain
Use pain points and business outcomes to specify weaknesses within your supply chain and proposes ideas to address them effectively
Use of a risk framework aligned to a supply chain value stream to understand vulnerabilities