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Supply Chain Brief: For Resilience, Think Like a Formula 1 Team

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Despite all of the attention resilient supply chain planning is getting, Gartner predicts that only 5% of companies will successfully implement this strategic approach by 2023 - leaving most companies with rigid and fragile plans.

Using the pinnacle of motorsports as a case study, Gartner analysts discuss what the most competitive supply chain teams can learn from a Formula 1 team when it comes to:
     
  • Design
  •  
  • Setup and strategy
  •  
  • Execution










Gartner, Supply Chain Brief: For Resilience, Think Like a Formula 1 Team, 10 November 2020.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Cosmo Tech

Cosmo Tech is your solution for supply chain planning and asset investment optimization. Our digital twin platform helps industrial organizations take the guesswork out of complex simulation and modeling, so you can get more from your budget. Learn how you can streamline your business growth with a trusted partner today!

What our customers are saying

"Thanks to Cosmo Tech, our supply chain network is modeled. As soon as a variable changes, we can easily recalculate the optimum."

Supply Chain Expert at a global automobile manufacturer


"The Cosmo Tech Asset solution enabled us to define the weight of each decision variable in our renewal strategy: the law of reliability, the skill level of the teams and the price of spare parts."

Maintenance Expert at a leading automotive manufacturer

"Cosmo Tech Supply Chain enabled us to predict our production capacity and define the best production sequence to maximize it."

Plant director at a global manufacturer