IDC PeerScape: Best Practices for Asia/Pacific Manufacturing Organizations After the COVID-19 Pandemic
This IDC PeerScape document provides insights from the tech buyer community on how organizations can prepare themselves from getting affected from future disruptions by highlighting some of the best practices that need to be adopted across the complete value chain. The adoption of these practices will ensure that organizations stay resilient and have the operational visibility that aids in staying ahead of the market and disruptions."Several manufacturing firms were caught unprepared during the COVID-19 crisis and, more importantly, did not have robust contingency measures in place to mitigate the effect of market disruptions. As organizations look to wade through these trying times, they also need to start making strategic process and technology investments that allow them to remain operationally resilient," says Sampath Kumar Venkataswamy, research manager, IDC Asia/Pacific Manufacturing Insights.
Please Note: Extended description available upon request.
IDC PeerScape Figure
Executive Summary
Peer Insights
Practice 1: Revisit Sourcing Tactics Through Product Diversification Strategies
Challenge
Example
Guidance
Practice 2: Build and Operationalize Remote Collaboration Platforms for Improved Operational Resilience
Challenge
Example
Guidance
Practice 3: Invest in Technology Infrastructures That Support Direct-To-Customer Engagement Drives