3 ways to confidently move beyond supply chain uncertainty and prepare for the future of metals
The current global challenges have shown that an overreliance on global production and support is likely unsustainable. Steel and other metals executives need to prepare their technology solutions today for increased production and customer demand at home.
Thankfully, metals executives don’t need to be in the dark when considering what technology investments are needed as they ramp up operations over the next several years. In fact, it’s possible to have greater certainty about the future with flexible, scalable technology, and a plan tied to the goals of your business.
Here are three ways to combat supply chain uncertainty and prepare for the future of metals:
1. Establish a road map for the journey
Managing change across an organization can be difficult and made even more challenging when large-scale decisions affect business operations. In addition, investing in new technology requires training and new-talent acquisition. Creating specific steps with clear goals for digital transformation can help remove doubt related to technology investments.
2. Get leadership buy-in
Leadership must be fully on board and communicate about how new technologies can affect and benefit everyone. Organizations should plan to gather key stakeholders, discuss steps needed to make big decisions, communicate the goals of the project across the company, and allow interests across the organization to work together in choosing the right technology.
3. Choose an agile ERP system
As the industry changes, businesses change, and your technology solutions need to have the capability to grow and adjust. Many legacy technology platforms are singularly focused – some handling fabrication, others only distribution, for example. Agile enterprise resource planning (ERP) systems can manage multiple functions such as flat roll, long product, and plate, to name a few. Systems need to be flexible enough to grow and evolve with the business so that it remains competitive, no matter what the end customer demands.