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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. OEMs and Tier 1 suppliers should consider long-term forecast collaboration and capacity cooperation with their Tier-n suppliers.

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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. According to LMC – globally, production is now forecasted to drop to 76.9 from a pre-pandemic forecast of 89.2

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This Week in Logistics News (January 29 – February 4)

Logistics Viewpoints

The Uyghur Forced Labor Prevention Act adds a presumption under the US Tariff Act that goods sourced from or produced in Xinjiang—home to many of China’s Uyghur and other Muslim minority populations—are made with forced labor. To import products from the region, companies will have to document that they aren’t sourced from forced labor.

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Demand-Driven Transformation at Shell

Supply Chain Shaman

The Company also has franchised aftermarket services in automotive repair shops, retail outlets, and everything in between. Shell’s current shift to the global supply chain is impacting North America, Latin America, Europe, Middle East, Asia, Russia, and China. North America Simulation Output.

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

ToolsGroup

Furthermore, the growing chip shortage is prompting the automotive industry to order surplus semiconductors—about 10 to 20 percent more than needed—to ensure inventory and safeguard production. Unreliable Forecasting. Getting the forecast right is still challenging for many supply chains. Do you have whiplash yet?

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Top Supply Chain Trends for 2023 and Beyond

Logistics Viewpoints

It is difficult to forecast dropping demand. So, if a recession appears likely, companies need to error on the side of a conservative forecast, be prepared to lay off workers sooner rather than later, and start drawing down their safety stock inventory. There is a playbook for companies facing a recession. That did not happen.

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Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

This is especially the case among certain global automotive companies dealing with a host of supply chain disruption and ongoing semiconductor device shortages. Rivian Automotive. Marlo Vitous has been named Senior Vice President of Purchasing and Supply Chain for North America effective June 1. Thus far, $13.7