As part of the green, circular and digital transformation of the European manufacturing community, it is extremely important that data-driven digital manufacturing processes urgently incorporate innovative and active resiliency strategies at production and supply chain levels to maintain their sovereignty and competitiveness levels, respecting European digital values (excellence, privacy, trust) to improve individual and value chain flexibility.
We are delighted to invite you to a key event organized by the Digital Factory Alliance (DFA) and the EU Project RE4DY (European “Data as a PRoduct” Value Ecosystems for Resilient Factory 4.0 Product and ProDuction ContinuitY and Sustainability). This project demonstrates how European industry can jointly build unique data-driven manufacturing and supply network active resilience strategies while sustaining competitive advantages through digital continuity and sovereign dataspaces.
Manufacturing companies have a pivotal role within supply chain networks that face diverse risks and stressors such as imperatives outlined in EU’s Green Deal, geopolitical issues, critical resource shortages, and so on. In this presentation, we present an innovative resilience assessment method called the ‘resilience compass’ for manufacturing organizations to strategically plan for and mitigate disruptions in uncertain environments. The resilience compass can help decision makers visualize and assess manufacturing resilience. Such a tool can also guide companies to understand where investments should be made to increase resilience in dynamically changing environments and its implications on sustainability.