Remove 2009 Remove 2020 Remove Automotive Remove Sourcing
article thumbnail

COVID-19’s Immediate Impact on the Automotive Supplier Industry

QAD

The onset of COVID-19 arrived at a time when the global automotive industry was already in a state of tumult, with suppliers and automakers looking at a future defined by electrification, autonomy, and connectedness. million units in 2020, down 13.8% Automotive Companies are Taking Action. from a pre-pandemic forecast of 89.2

article thumbnail

Toyota’s CEO Leadership Change and An Accelerated EV Supply Network Strategy

Supply Chain Matters

Background Since 2020, Toyota has maintained its recognition as the world’s top selling auto maker. As Supply Chain Matters continues to highlight supply network transformation efforts being undertaken by major global automotive brands, the name Toyota has not been as visible for obvious reasons. million vehicles globally.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Lights out: China’s energy woes hamper supply chains

Resilinc

But mining companies are facing serious headwinds: a series of mining accidents and Premier Xi Jinping’s 2020 pledge to cut coal usage as part of the country’s response to climate change. Geopolitical conflict with Australia—source of 10% of China’s coal imports—have contributed to the coal shortage. year-on-year in August.

article thumbnail

August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

From our lens, Taiwan remains the continued shocker, experiencing a third consecutive monthly decline and noted as equivalent to levels seen in May 2020 during the initial Covid-19 outbreak. South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . .

article thumbnail

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

the “inventory to sales” ratio (inventory levels divided by a month’s worth of sales) spiked in late 2008/early 2009 as the recession caught companies with way more inventory than needed versus suddenly shrinking demand. Source: Commerce Dept. Source: SupplyChainDigest. Source: Supply Chain Shaman.

article thumbnail

Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). as of this morning — a lower price than 5 years ago!

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. higher than 2020. Consultancy UK).