The term “situational awareness” may conjure the darkened situation rooms of many a summer blockbuster movie in which vast video walls and flickering computer banks capture humanity’s struggle against gigantic mutant beasts or other world-threatening entities.
Manufacturers (probably) don’t need to worry about creatures from the deep trying to eat their facilities. Yet events ranging from traffic jams to a partner’s production backlog to hurricanes and tornados can pose real threats to a manufacturer’s operations and ability to meet customer expectations. Situational awareness helps manufacturers anticipate and respond effectively to these events. That makes developing situational awareness capabilities a risk management priority.