Remove Automotive Remove Manufacturing Remove Metrics Remove Sourcing
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Can Manufacturers be Both Lean and Resilient?

Logistics Viewpoints

Lean practitioners believe that when manufacturers stockpile large quantities of raw materials, load up the shop floor with work-in-process, and pack warehouses with finished goods, that the results are more product defects, long and unpredictable lead times, higher costs, and too much cash tide up as working capital.

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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.

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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.” These capabilities do not exist at Ford.

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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?

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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).

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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.

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Procurement KPIs & Metrics: What To Focus on and How To Measure

Precoro

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Optimize organizational spending, time, and sourcing of goods or services. An inventory aging report provides key metrics on how quickly your inventory moves.