The past two years have seen global supply chains affected by more simultaneous stress factors than they have been over the last two decades. These include disruptions in manufacturing and logistics due to the coronavirus-related lockdowns and persistent COVID aftershocks; the global chip crisis resulting from advancements in digitalization and the enormous increase in demand for EA components, challenges in energy and material supplies in Europe caused by the war in Ukraine, or the high risk of economic upheaval as a result of imbalances in foreign trade and price volatility.
The challenges are numerous and, for months now, international supply chains for the mechanical engineering and plant construction sector have been under immense pressure. Given everything we have to grapple with at present, it is now more important than ever that we develop strategies to adapt to this new situation. At SMS group, Supply Chain Management is organized as a Center of Excellence providing quality products and services on time and on budget. They work closely with SMS group Engineering and Project Management units – making them experts who cover the entire product chain. Thanks to the global footprint, Supply Chain is also close to supply markets and international sales teams, which enables to respond faster to customers’ wants and needs.