9/16/20 10:30 AM
In previous years, companies have turned to offshoring their operations to cut costs and maintain their competitive advantage. Recently, disruptions in offshored operations due to the COVID-19 pandemic have highlighted the risks on the global supply chain. US-based companies with operations in China were affected long before the virus arrived in the US as operations overseas were halted. Additionally, the rising cost of labor in offshoring countries has made many companies consider reshoring their operations.
Reshoring consists of bringing back operations that were sent overseas back to the country of origin of their parent company. While reshoring can bring many advantages to a company, it is important to also consider the challenges that can arise.
It is important to weigh the benefits against the costs before making a decision that could dramatically impact your business. The bottom line is that not all companies will be able to reshore their operations right away. However, manufacturing companies that produce automotive parts, aerospace parts, navigational devices, and communication devices are said to be ready to reshore their operations immediately.
Advanced Planning and Scheduling Softwares have become a must for modern-day manufacturing operations as customer demand for increased product assortment, fast delivery, and downward cost pressures become prevalent. These systems help planners save time while providing greater agility in updating ever-changing priorities, production schedules, and inventory plans. APS Systems can be quickly integrated with an ERP/MRP software to fill the gaps where these systems lack planning and scheduling flexibility, accuracy, and efficiency.
With APS you can:
The implementation of an Advanced Planning and Scheduling (APS) Software will take your manufacturing operations to the next level of production efficiency by taking advantage of the operational data you already possess in your ERP system.