Everstream Analytics > Case Studies > Schneider Electric's Transformative Approach to Supply Chain Risk Management

Schneider Electric's Transformative Approach to Supply Chain Risk Management

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Technology Category
  • Functional Applications - Transportation Management Systems (TMS)
  • Networks & Connectivity - 5G
Applicable Industries
  • Transportation
Applicable Functions
  • Logistics & Transportation
  • Procurement
Use Cases
  • Inventory Management
  • Supply Chain Visibility
Services
  • System Integration
About The Customer
Schneider Electric is a global specialist in energy management and automation. The company provides integrated efficiency solutions, combining energy, automation, and software. Schneider Electric's customers span multiple industries, including energy and infrastructure, industrial processes, building automation, and data centers/networks, among others. The company's customers rely on Schneider Electric's technologies to manage energy and run processes in ways that are safe, efficient, reliable, and sustainable. To meet their needs, Schneider Electric manages around 360,000 shipments every year, moving 40,000 tons of products between its 220 factories, 103 distribution centers, and countless customers.
The Challenge
Schneider Electric, a global provider of energy management and automation solutions, manages around 360,000 shipments annually across seven global regions. The company's customers expect their orders to be delivered on time, in full, and in perfect condition. To meet these expectations, Schneider Electric needed to improve the performance of its global supply chain. This required efficient networks, reliable processes, capable logistics partners, and a smart approach to risk management. The company needed to be able to respond rapidly to any delays or disruptions in the supply chain and reassure its customers that their critical equipment was on its way. Schneider Electric's pursuit of excellence led the company to embark on a comprehensive supply chain transformation with the goal of significant improvements in efficiency, visibility, and risk management.
The Solution
Schneider Electric partnered with Everstream Analytics, a leading end-to-end supply chain risk analytics company, to transform its supply chain. Seven 'control towers' were established, one for each of Schneider's global supply chain regions. Each control tower uses fully customized Everstream software to visualize and monitor Schneider's supply chain in that region. The model incorporates the company's own facilities, those of its key suppliers, and critical transport nodes like ports, airports, and distribution hubs. The Everstream solution allows Schneider to continually monitor the performance of each regional supply chain, and an automated system alerts control tower staff and other relevant personnel if any shipments aren't moving smoothly through the network. The control towers are also linked directly to Everstream's Incident Monitoring service, which gathers data on potential supply chain risks from a wide range of internal and external sources. This data is fed into the supply chain model, providing staff with near-real-time information on any external events with the potential to cause delays or disruptions.
Operational Impact
  • The implementation of Everstream's solution has transformed Schneider Electric's supply chain management. The company now has a proactive approach to risk management, with the ability to respond to issues before they occur. This has resulted in fewer delays, clearer communication, and greater confidence for customers. The solution is also being adopted by other parts of the company, including Procurement and Network Design teams, for its Supply Chain Risk Assessment capabilities. This has helped Schneider Electric understand the potential vulnerability of current or future suppliers or transport nodes, optimize inventory levels, supply strategy, and contingency plans. The greater agility enabled by Everstream Analytics has saved time and money for Schneider Electric, its supply chain partners, and its end customers.
Quantitative Benefit
  • Schneider Electric now has unprecedented visibility into supply chain performance across each region, allowing staff to intervene hours or even days earlier when incidents occur.
  • The Everstream solution provides near-real-time information on potential supply chain risks, enabling proactive risk management.
  • Everstream's Supply Chain Risk Assessment evaluates more than 35 risk categories, providing a quantitative assessment of any site's overall risk exposure.

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