The recent pandemic, Ukraine War, and past economic crises have had a significant

impact on the global economy and supply chains.

Honeywell is also impacted with disruptions in the supply of raw materials and
components, reduced demand, and increased safety regulations and health measures.

To respond to these challenges, Honeywell considered below points to resolve it &

other companies should be following:
1.Diversifying supply chains
2.Emphasizing safety
3.Adopting technology/Digitalization via IT/OT convergence
4.Adopting a flexible approach
5.Strengthening collaboration b/w suppliers, customers, vendors and industry
partners

I Honeywell I observed below SMART Ideas:

Latest MES/MOM solutions

IIoT platform like Ignition
Edge to Cloud communications and tools
More collaborative tools: Smartsheets, Jira, ALM, Teamguru , technology etc
AI/ML based Analytics based on data gathered from different sources
IT/OT convergence practices
Telepresence devices to perform Gemba walks in mfg site shopfloor remotely
Quantum Computing

3 elements of a communication plan:

1. Define audiance: first step to understand audience needs, interest, preferences
so that we can tailor our message
to resonate with them, it will increase likelihood of them engaging with
communication.

2. Be clear and concise: Focus on key message and avoid using unneccessary jargon
or technical terms.
keeping communication simple and to point will help audience understand your
message more easily.

3. Choose the right channel: Its crucial and imp. to understand what channels are
best for my audience. eg. video conferencing
for remote audience. Email or phone for tradition etc.