Remove 2024 Remove Automotive Remove Inventory Remove North America
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Key Takeaways From the 2024 Finished Vehicle Logistics Conference

BlueYonder

For over a century, the global automotive industry has centered around one primary technology: the internal combustion engine. As vehicles become more connected, autonomous, electric, and customizable, automotive manufacturers are increasingly evolving into technology companies.

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Smart Manufacturing Trends to Expect in 2024

OptiProERP

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. Examples of intelligent factories include on-demand manufacturing and virtual inventories. Through these technologies and process enhancements, manufacturers can anticipate a new scale of innovation in 2024.

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Supply Chain Matters News Capsule Update- March 28 2024

Supply Chain Matters

This funding is reportedly contingent on preconditions which include a delayed filing of its 2023 annual report with regulators and continued negotiations with an established auto maker on a joint manufacturing agreement related to North America based production. This week, the U.S. All rights reserved.

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Auto Supply Chain Prophets Podcast Wrap-up: Eps. 46-50

QAD

Welcome to the latest episode wrap-up of the Auto Supply Chain Prophets podcast, where Jan Griffiths of Gravitas Detroit and I unravel the complexities and unveil the insights driving innovation in the automotive supply chain. Coming into 2024 was particularly exciting for me because we’re now in the third year of our podcast (52 episodes!)

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Told You So Moment for Akio Toyoda

Supply Chain Matters

Industry Headwinds Supply Chain Matters has featured multiple automotive industry transformation specific commentaries of the past several months. Industry media indicates that unsold inventories of EV vehicles remain on dealer lots as consumers are balking on the sticker price and the mileage ranges of offered vehicles.

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Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

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

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market.