Supply Dynamics Launches Enhanced Tools to help Large Manufacturing Companies Mitigate COVID-19 Related Supply Disruptions
Although many debate if the worst of the COVID-19 pandemic is behind us— few would argue that challenging times lie ahead for manufacturing companies and their multi-tier supply chains. To help, Supply Dynamics has upgraded its existing SDX SupplyMap™ capability enabling customers to easily identify sub-tier suppliers located in COVID-19 hot zones and receive updates from them on production readiness. A built-in operational readiness assessment allows sub-tier suppliers to easily report any impacts to up-stream customers.
What sets SDX SupplyMap™ apart from similar solutions is its ability to look deep into multi-tier supply chains to assess risk and anticipate disruptions related not just to suppliers but to parts and their material inputs - metals, electronics, plastics and chemicals. Sophisticated n-tier validation tools and easy to use workflows enable verification of actual (versus hypothetical) tier 2, 3 and 4 identities, including raw material distributors, mills and manufacturers. “The ability to obtain true end-to-end visibility and trace provenance from a specific part number to a supplier and in most cases, the distributor, mill, or manufacturer that supplied the material that goes into it, is what really sets us apart,” says Trevor Stansbury, CEO of Supply Dynamics.
To trace the impact of COVID-19, SDX SupplyMapTM utilizes curated data streams from Johns Hopkins & the CDC. Beyond supply chain risks stemming from COVID-19, it can also support real-time monitoring of natural disasters, credit scores, on-time delivery performance, quality ratings and an unlimited number of other factors that influence supplier health.
“In a period of both unprecedented supply & demand volatility, the power of visibility through shared intelligence helps organizations with multiple tiers of supply and vulnerabilities adapt to evolving circumstances,” says Kaitlyn Maybee, who heads up Operations and Customer Success for the company. “More importantly,” she emphasizes, “SDX™ enables customers to extend control over value chains and reduce cost and risk over the long haul— not just in times of turbulence.”
About Supply Dynamics:
Supply Dynamics provides dozens of Fortune 500 manufacturers with real-time visibility and control over the material requirements of their extended supply chain. Our innovative supply chain analytics solutions allow our customers to improve efficiency and predictability and to reduce the cost of raw materials and component parts that go into their products. To learn more, visit www.supplydynamics.com.