New supplier end-to-end traceability

In manufacturing, spikes in demand can often lead to material shortages. While manufacturers typically buy materials from established suppliers, they’ll sometimes purchase from other sources when specific parts aren’t available. Working with brokers to buy from less-established sources is not uncommon and often the only way a manufacturer can keep production lines going. But this method can open manufacturers to risk if they happen to get substandard parts.

Introducing a part from a new supplier into its ecosystem posed enormous risk to the company, customers and its affiliated supplier network. Responding immediately was important to understand the potential issue, contain the affected product and minimize impact to their customer base. Without good information and traceability, the company could have faced a broad-sweeping product recall and significant time, effort and cost to contain the issue.

The goal is to set up complete, end-to-end traceability from raw material suppliers to component suppliers, to manufacturing operations, distribution centers and the end customer. This operational intelligence creates a competitive edge, through the value of the supply chain and the traceability that ensures quality remains intact every step of the way.

Source: https://www.supplychaindive.com/news/new-supplier-risk-traceability-can-help-manufacturing/602984/