Joerg Hellwig talks about the benefits of aligning production plans across suppliers.
In today’s dynamic business environment, successful collaboration with suppliers is essential. However, this is no small feat. According to McKinsey & Company, auto manufacturers, on average, have around 250 tier-one suppliers and up to 18,000 total suppliers across the entire value chain. Aerospace manufacturers have an average of 200 tier-one suppliers and 12,000 across all tiers, and technology companies have an average of 125 tier-one suppliers and more than 7,000 across all tiers.
How should you approach aligning and collaborating with your suppliers to ensure a resilient supply chain?
In this episode of Masters of Digital Transformation, host Caleb Masters and Joerg Hellwig, an investor and the former Chief Digital Officer at LANXESS, discuss:
- His career journey to becoming Chief Digital Officer at LANXESS and his latest ventures as an investor
- Why it’s important to align production plans across suppliers and multiple tiers
- The importance of including suppliers and customers in the IBP process
- How to filter relevant risk signals from suppliers to generate actionable insights
Multi-tier supply chain collaboration and risk management
Transform your supply chain with real-time collaboration, visibility, and innovation.
About the author
Caleb MastersPodcast Producer at o9 Solutions, Inc.
Caleb Masters is a content creator and strategist who leads thoughtful and insightful conversations for brands to educate, inspire, and entertain listeners and convert to bottom-line results through new media, including podcasts, webinars, and live-streamed videos. In his ten-plus years of experience as a content creator, he's led teams and served as on-air talent, where he's spoken with thought leaders across the supply chain, leadership, HR, HCM technology, and entertainment industries. He currently hosts and produces the o9 Solutions podcast, Masters of Digital Transformation.