eyandthearts.ey.comEY UK - Home | Building a better working world

EY Homepage SearchSee all results in Search Page No results have been found Recent searches (container) See all results for Topics General People Trending How the UK economy can stay resilient into the post-pandemic future 28 Jan 2021 Growth Why it’s a defining moment for climate change – and the time to act is now 25 Jan 2021 Climate change and sustainability How EY collaborated with the NHS to set up a new field hospital 17 Dec 2020 COVID-19 Explore Who we are What we do What we think Work with us Our locations COVID-19 Select your location Change No search results have been found Local sites Connect with us My EY log in Welcome to EY UK (EN) You are visiting EY UK (EN) Will COVID-19 turbo-charge M&A and transformation? Play video Global Capital Confidence Barometer Will COVID-19 turbo-charge M&A and transformation? C-suites reframe corporate strategies and plan to invest their way out of the crisis. Featured insights We’re asking #BetterQuestions Swipe to discover How the UK economy can stay resilient into the post-pandemic future Read more Close card If consumers hold the key to a greener future, how can energy companies unlock it? Read more Close card How common metrics can drive long-term value creation Read more Close card Why it’s a defining moment for climate change – and the time to act is now Read more Close card What the UK-EU trade deal means for business travel and immigration Read more Close card How an ambitious decarbonisation plan will lead to a net zero future Read more Close card How can carbon negative unlock positive value for the planet? Read more Close card London IPO market rebounds in Q4 2020 as resilience continues Read more Close card How to reshape your business now to build a resilient future Read more Close card How EY collaborated with the NHS to set up a new field hospital Read more Close card View more stories Build enterprise resilience Discover how we can help you navigate the disruption and build enterprise resilience with our latest insights. Explore more Reframe your future Now is the time for change. Discover how our future-back approach to transformation can help you reveal and realize unseen opportunities. Discover The better the question. The better the answer. The better the world works. Case study: How real-time satellite data is keeping supply chains moving With COVID-19 disrupting global supply chains, EY moved fast to help an advanced manufacturing company maintain the flow of essential goods. The better the question. The better the answer. The better the world works. How do you respond when certainty is in short supply? The pandemic has had far-reaching effects on supply chains everywhere. C OVID-19 is causing significant impact to global trade and product flow. Moving physical goods is especially challenging. With people in lockdown, and many businesses not operating as normal, the logistics of transportation are becoming increasingly complex – causing real problems for customers. EY was already working with one of the world’s largest advanced manufacturing companies to improve their supply chain when the pandemic hit. We immediately increased our focus and deployed advanced analytics, including process mining and satellite imaging, to anticipate customer demand while maintaining the flow of goods through key ports. The better the question. The better the answer. The better the world works. Using advanced analytics to avoid supply disruptions We gave the client the tools they needed to make better-informed decisions. First, we asked three vital questions: What if we need to explore alternate routes to market? Do current production flows make sense when some customers are shutting down while others are ramping up? How can data and analytics help us make real-time decisions that will keep supply chains functioning effectively? Using satellite data to make better choices Knowing what is happening on the ground is key. Satellite data tells us what is going on in ports around the world. This means we know where the biggest challenges are. Analytics are helping us make intelligent decisions and act fast to manage congestion and delays. This knowledge means we can anticipate issues and re-route material flows to minimize disruption. This insight enables our client to make better decisions and keep vital goods flowing. But it also helps our client’s people. The stress and anxiety involved in making judgement calls in times of crisis is huge. Giving people access to real-time data helps them make more informed decisions and takes some of that pressure away. Using historical production patterns to shape operational plans As well as maintaining the supply of vital goods, we also wanted to enable our client to keep track of demand and run their operations effectively and efficiently. By analyzing current and historical sales orders as well as production patterns over the last 12 months, we’re giving our client the tools to determine whether to pause, reduce, or ramp up their production runs. How EY can help Supply chain and operations Based on your overarching strategy, we’ll help redefine your end-to-end supply chain and operations to support your enterprise objectives. Read more The better the question. The better the answer. The better the world works. Building a data-driven approach to supply resilience Armed with new knowledge, our client is getting essential goods to the people who need them most. It’s efforts like this that are helping to ensure that the world’s supply chains stay resilient amid the COVID-19 pandemic. Our work has already delivered some immediate benefits: We moved rapidly to keep the supply chain working and materials flowing. We also identified an escalating backlog issue caused by logistics delays and developed mitigation strategies. We empowered our client’s workforce to make informed decisions that would ensure they help maintain their reputation as a trusted supplier. And the analytics we’re deploying, alongside the data-driven approach we’ve designed, is giving our advanced manufacturing client a unique ability to manage their risks, ensure minimum disruption to supply chains, and to continue to run their business efficiently and effectively. Ultimately all of our efforts are designed to do one thing: keep the world’s supply chains moving so essential goods get to the people who need them most. Lead through the COVID-19 crisis We have a clear view of the critical questions and new answers required for effective business continuity and resilience. Explore Contact us for immediate support Gain access to our help with crisis management, business continuity and enterprise resilience. Contact Direct to your inbox Stay up to date with our Editor’s Picks newsletter. Subscribe Featured press releases Stimulate economic growth, address the deficit or both? What decisions might the Chancellor take in four weeks’ time? Stimulate economic growth, address the deficit or both? What decisions might the Chancellor take in four weeks’ time? 3 Feb 2021 London GB Adam Holden EY announces signing of agreement to acquire the market leading personal tax services business from Frank Hirth Plc EY announces signing of agreement to acquire the market leading personal tax services business from Frank Hirth Plc 3 Feb 2021 London GB Adam Holden More press releases UK energy consumers ready to flick the switch to more sustainable suppliers but green tariffs alone are not enough to stand out UK energy consumers ready to flick the switch to more sustainable suppliers but green tariffs alone are not enough to stand out 2 Feb 2021 Nationwide reports house prices fell 0.3% month-on-month in January – EY ITEM Club comments Nationwide reported house prices fell 0.3% month-on-month (m/m) in January, the first monthly dip in house prices since June 2020. This follows increases of 0.8-0.9% seen over the previous four months. The year-on-year (y/y) gain in house prices fell...