The fallout from the pandemic, geo-political unrest, trade restrictions, intellectual property protection, compliance requirements, and talent gaps all require semiconductor companies to change the way they plan and operate their supply chains. And with the industry expected to grow to $1tn by 2030, increasing supply chain resilience is vital to be prepared for this growth. This means finding ways to: - Increase supplier integration and visibility - Improve multi-tier visibility of risk in the global supply chain - Attract and retaining the right talent - Address planning complexity - Improve demand clarity - Execute environmental, social, and governance plans aligned to the most critical actions
Reimagining supply chain planning capabilities is key to tackling these challenges. Michael will address common planning problems in the semiconductor industry including demand planning, fab capacity planning, and new product introduction planning. Using real-life examples of our work with clients, he’ll explore how advanced planning solutions can increase resilience in the supply chain network as well as: - Manage sourcing costs - Speed up the time to value - Optimize the supplier base with cognitive sourcing - Increase visibility while decreasing complexity
