Remove 2024 Remove Automotive Remove Inventory Remove Sourcing
article thumbnail

How the UAW Strike is Shaking Up the Automotive Supply Chain

Resilinc

The effects of the strike are already rippling through the automotive supply chain. While companies do have some excess inventory available, the automotive supply chain is experiencing layoffs, furloughs, auto parts shortages, and idling operations. The automotive supply chain is a complex ecosystem of different suppliers.

article thumbnail

Tesla’s Q1-2024 Financial Performance- Calling an Audible

Supply Chain Matters

Supply Chain Matters provides key highlights and added supply chain and production perspectives on Tesla ’s recent report of Q1-2024 financial performance. billion, a reflection of increased price discounting and a building inventory of unsold vehicles. Financial headlines included quarterly total revenue declining 9 percent to $21.3

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Matters News Capsule Update- March 28 2024

Supply Chain Matters

The company’s forecasted outlook for production levels in 2024 was upwards of 9,000 vehicles, and industry watchers indicated that added financing would be needed in order for the luxury auto maker to be able to grow sales and global wide production needs. Workers After securing new ratified labor agreements among three major U.S.

article thumbnail

Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

article thumbnail

Peril of EV Start-Ups: Fisker’s Investor Warning

Supply Chain Matters

Background In prior Supply Chain Matters commentaries, we have highlighted ongoing production and supply chain challenges related to high profile EV start-ups Rivian Automotive and Lucid. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. All rights reserved.

article thumbnail

Tech OEMS battle it out in the semiconductor value chain

Resilinc

Samsung follower SamMobile.com reports that Samsung is boosting its use of domestic Korean sources for expandable components in semiconductor manufacturing. in revenue growth over Q2 2021, TSMC acknowledged that a portion of its extraordinary growth arose from customers stockpiling large inventories.

article thumbnail

Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….

The Logistics & Supply Chain Management Society

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.