1. Visibility and Transparency
- Data Visibility is key
- Deeper level of genuine engagement company to company (LTA, Shared risk)
- ”Chasing Truth”, not “chasing parts”
- Building strong relationships based on trust
- End-to End focus and framework for deeper collaboration, reconciling strategic importance of SCM for individual companies with imperative of faster progress through sharing
2. Talent
- Leverage AI, Intelligent workflows, automation
- Intercompany data sharing is critical for AI adoption and automation
- Government support
- Education to attract and develop talent
- Arming decision makers with tools to make intelligent decisions
- Democratize the data
- “Outside In” view – Not sufficient to look at data within 4 walls
3. Resiliency
- Move from JIT to JIC
- Design for Supply chain resiliency and Mfg. “Shift left” – network design starting with the product design cycle
- Tools for Supply chain resiliency – Lots of investment in tools for design and planning – none for SC resiliency
- Metrics for Sourcing need to change
- Product costing – Build in cost of resiliency
4. Sustainability
- Framework for sharing sustainability information across the network – not enough if each company achieves Net Zero
- Establish standards on measurement
5. Logistics
- Collaborate with a longer-term view on capacity and investments
- Old models need to change; do need domestic and regional supply chains
- “Distance is cost”!
- Metrics are critical
- Digital Twins
- Track and Trace to provide near real time information for decision making
6. General Comments
- TRUST is paramount to success
- Scaling relationships across suppliers to foster better transparency
- Form new ways of shared investment to build trust
For more information about the SEMI Supply Chain Management Initiative, contact Bettina Weiss, Chief of Staff and Global Supply Chain Management Lead, SEMI, at [email protected]