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Supply Chain

Supply Chain

About Supply Chain

Advances in digital manufacturing have dramatically changed the U.S. supply chain over the last decade. While some manufacturers are still struggling with the first step (going paperless), GPS systems are enabling unprecedented visibility into logistics, and online retailers have raised everyone’s expectations on the precision and speed of on-demand delivery. It’s no longer acceptable to have no idea when a delivery will arrive. And manufacturers want to have as little inventory as possible on hand to reduce costly waste and support “just-in-time” production.
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    What Is Supply Chain?

    The supply chain is the network of all businesses, resources, activities, and technology involved in the creation and sale of a product, from the initial raw materials to delivery of the assembled product to the customer. Manufacturing’s next advances on this frontier will include predictive analytics. Systems will warn manufacturers of potential disruptions in a supply chain before they happen and also will forecast which materials and components customers will want— when and why.

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    What Does MxD Do?

    MxD does two things to advance supply chain performance. First, it funds projects that optimize the supply chain, often incorporating sensors, software, and analytics. Second, it serves as a convener of organizations in the supply chain. Communication among suppliers and top-tier manufacturers often is lacking; a gulf exists between the digital haves and have-nots. Manufacturers large and small need guidance and a neutral forum to share best practices to bring along their supply chain.

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