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Reimagining the semiconductor supply chain with a services-led business model
Semiconductor equipment manufacturers require an integrated and intelligent logistics systems for effective spare parts management in a highly capital intensive industry. Non-availability of the right quantity of spare parts at the right time can lead to both customer dissatisfaction as well as increased costs in the form of high inventory write-offs.
Industry players can leverage automation, cloud, intelligent, and agile technologies to build a fully optimized and integrated supply chain. Such a supply chain will enable real-time planning, superior customer service, and reduced operating costs by:
- Driving round-the-clock equipment monitoring and proactive issue detection
- Enabling accurate demand forecasting for optimized inventory management
- Ensuring digital collaboration across the value chain to increase transparency and throughput
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