Remove Automotive Remove Manufacturing Procurement Remove Metrics Remove Sourcing
article thumbnail

When the Rubber Hits the Road

Supply Chain Shaman

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” What is the issue? These capabilities do not exist at Ford.

article thumbnail

A Look Back at the Automotive Industry in 2022

Resilinc

automotive industry was battered in 2022, with its sales dropping about 8% from 2021 to 13.7 YOY in 2022, a metric due partly to its robust sales of mid-size pickups, according to CNBC. What caused this rocky year for car manufacturers? million vehicles, a sales total not seen since 2011. GM was an exception with U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Automotive Companies Are Transforming Their Supply Chains, Part 2

BlueYonder

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. This is the exact word that used by Kelly Bysouth, the chief supply chain officer at International Automotive Components (IAC).

article thumbnail

How Automotive Companies Are Transforming Their Supply Chains, Part 1

BlueYonder

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. I have not seen that in the past 25 years being in the automotive industry. Can we get the supplies from an alternate source?

article thumbnail

ERP Aids Your Sustainability Initiatives

QAD

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

article thumbnail

Real-Time Monitoring Fuels IoT Growth In Manufacturing

IQMS

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Real-Time Monitoring Is At An Inflection Point.

article thumbnail

How Risk Management Software is Transforming 3 Industries!

Supply Chain Game Changer

Manufacturing. Supply chain management is the backbone of manufacturing. These delays were most prevalent in the manufacturing, construction, and trade sectors as a result of supply chain disruptions. But with the use of SCRM software , manufacturers can reach a new level of efficiency and visibility within their supply chains.