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“Never Let a Good Crisis Go to Waste” – Key Insights from the Automotive Logistics

BlueYonder

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. “Never let a good crisis go to waste.” The automotive industry faces fierce competition in attracting and retaining top talent.

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What is Supply Chain Resiliency?

Logistics Viewpoints

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

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Why Cars Are Cheaper Than You Think

Supply Chain Brain

Now Detroit wants a taste, too. at the moment, the least expensive iterations average $46,000, while the most expensive versions of the same models settle around $63,000, according to analysis from Edmunds.com. The swankier brands have been torquing top prices quite a bit as well. Of all the vehicles sold in the U.S.

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Supplier Information Challenges in the Automotive Industry

ivalua

Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. Nexteer talked about how they have adopted technology to automate and standardize the sourcing function, while eliminating inefficient processes and empowering their employees.

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Supplier information challenges in the automotive industry

ivalua

Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. Nexteer talked about how they have adopted technology to automate and standardize the sourcing function, while eliminating inefficient processes and empowering their employees.

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The Origins of Category Management

Supply Chain View from the Field

Steve described his experience this afternoon over pizza and sodas in Detroit. The other important lesson here was that conducting category analysis studies helps a team to discover the cost drivers, and begin to establish ways to taking out cost that cross multiple part numbers and purchases.