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Mid-Year Update: Perspectives on Global FM Parts Supply Chain


News provided by

SDI

Jul 07, 2022, 08:45 ET

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Mid Year Update: Perspectives on Global FM Parts Supply Chain
Mid Year Update: Perspectives on Global FM Parts Supply Chain
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SDI - the leading digital supply chain company focused on indirect, GNFR, and facilities maintenance, repair, and operating supplies - has released a special report to help Multi-site Facilities Management Professionals understand the true impact that COVID, geo-political, and labor issues have on facilities and assets, and provides practical and actionable recommendations designed to improve outcomes and mitigate risk.

BRISTOL, Pa., July 07, 2022  /PRNewswire-PRWeb/ -- With commodity prices at an all-time high and supply chain delays extending lead times by as much as 50%, experts expect that the impact caused by the COVID-19 pandemic will continue well into 2023. SDI, the leader in digital supply chain solutions & services has released the FM-focused Industry Report, Mid-Year Update: Perspectives on Global FM Parts Supply Chain to help Multi-site Facilities Management Professionals understand the true impact that COVID, geo-political, and labor issues have on facilities and assets, and provides practical and actionable recommendations designed to improve outcomes and de-risk this supply chain.

During the initial U.S. lockdowns in 2020, SDI developed a weekly impact report to help plant and facilities maintenance teams understand and anticipate supply challenges. With the release of the Mid-Year Update, the company focuses on the Multi-site FM space where labor shortages, supply disruption, and rising prices during peak summer months are impacting maintenance work order completion and reducing uptime on critical, revenue-generating assets. The report includes:

The demand to complete work orders is continuing to rise with the increase of foot traffic and the release of COVID-related demand, pent up from deferring maintenance during this crisis, for repairs and capital replacements.

Post this
  • Market Observations: Shortages, stock-outs, and lead-time extensions impacting all multi-site FM and related categories of assets, supplies, and materials.
  • Lessons Learned: Ongoing disruption to supply chains have revealed interdependence of facilities maintenance and the global supply chain for parts and supplies.
  • Mitigation Strategies: Engage internal partners from procurement, finance, store operations, supply chain) and 3rd party specialists to build an ecosystem to leverage additional capabilities.

"The demand to complete work orders is continuing to rise with the increase of foot traffic and the release of COVID-related demand, pent up from deferring maintenance during this crisis, for repairs and capital replacements," said Cris Ferregur, VP of Supply Chain Solutions at SDI. "Extended lead times and stock-outs of mission-critical spares and capital equipment is only exacerbating other issues including skilled labor availability and inflationary pressures on wages, parts, supplies, and energy."

SDI has also opened their 24/7 Remote Buy Desk, a service usually reserved for existing clients, as a way for more Multi-site FMs to immediately alleviate the current supply chain constraints. The 24/7 Remote Buy Desk is for maintenance, repair, and operating (MRO) supplies, store essentials/consumables, and GNFR. It allows retail facilities managers, banks, schools, or any multi-site facilities maintenance team to simply call or email SDI to immediately plug into their intelligent, automated sourcing and leverage 50+ years of supply chain procurement and process expertise.

SDI's mission is to change the way people think about and manage the maintenance supply chain. The Mid-Year Update along with the 24/7 Remote Buy Desk are immediate solutions that organizations can take advantage of to help meet demand in the new Digital Revolution. Click here to download the Mid-Year Update.

About SDI
SDI is a Digital Supply Chain Solutions firm with a focused practice in Indirect Materials, MRO, GNFR, and Industrial/Facilities Technology. We go to market through an innovative As-a-Service offering, delivering custom solutions and results designed to improve our client's supply chain performance.

The company's service offering is further enhanced by their ZEUS Digital Supply Chain Management platform which includes the mobile apps -- ZEUS Ordering, ZEUS Materials Management, PPE As-A-Service and ZEUS Integrated Parts Management (IPM) -- now available on the Apple Store.

Using a custom suite of products, services and tools, SDI's platform coordinates, aligns and optimizes every step of the digital supply chain. Lower costs, smarter inventories and more reliable facilities and production are all natural results from a more connected supply chain. For more information on SDI's 24/7 Remote Buy Desk and other integrated parts management solutions for Multi-site FMs, visit https://sdi.com

Media Contact

Debra Yorkman, VP Marketing, SDI, 1 215-633-1914, [email protected]

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SOURCE SDI

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