HYPERMFG - NEXT-GEN DIGITAL SUPPLY CHAIN
Original Equipment Manufacturers (OEMs) are moving to capitalize on software and services models. Original Design Manufacturers are moving into the OEM space. And there is considerable pressure on manufacturing services companies to deliver much greater value and full-service manufacturing solutions than ever before.
The objective of this next generation of Digital Supply Chain - Contract Manufacturing, is to design and build a scalable digital platform, utilizing many integrated services that will ultimately provide intelligent and actionable end to end supply chain visibility
Contract Manufacturing and Capacity Sharing is an unprecedented step towards this direction. As this will help both Buyer and Supplier (Manufacturer) in improving utilization of machineries/ bandwidth as well as improving revenues thus achieving their goals by reciprocity with small and medium scale industries.
Currently, the world is going through major upheavals in the financial markets. The result of which has led to unpredictable orders for the manufacturing industries. Because of this many small and medium scale industries are either closed or on the verge of shutting down. In today’s world we believe that businesses need to step out of their silos and start working together.