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In an era of increasing environmental consciousness, the automotive industry is undergoing a transformative shift towards more sustainable practices. At the forefront of this change is the circular economy – a framework that’s reshaping not just vehicle manufacturing but the entire automotive aftermarket. billion by 2033.
A manufacturing company, for example, can monitor real-time data from its suppliers, production lines, and distribution centers. In manufacturing, companies can track and report on carbon emissions, water usage, and waste generation, reducing their environmental footprint and improving sustainability performance.
For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. What is automotive distribution? What is automotive distribution?
For the automotive industry in particular, the transportation of goods – small, large, custom-made – needs to run as smoothly as possible. The final assembly line sets the pace in automotivemanufacturing. Today’s supply chains are becoming more complex and dynamic.
Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
(TSX: KXS) an end-to-end supply chain orchestration, today announced a new partnership that will deliver improved alignment of supply chain plans with business objectives and strategies for midmarket discrete manufacturing companies. Were thrilled to partner with Infor to help manufacturers be more agile and resilient in the long term.
tariffs on imports from Canada, Mexico, and China is impacting global trade networks, affecting industries ranging from automotive and electronics to agriculture and energy. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production. Today’s escalation of U.S.
a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. The manufacturing and supply chain industries are rapidly evolving and increasingly volatile, fueled by shifts in global tariff and trade policy, geopolitical uncertainty, logistics disruptions, and technology developments.
The manufacturing and distribution industries are on the brink of a transformative era, characterized by unprecedented technological innovation, sustainability imperatives, and global economic shifts. Here are 7 key trends to watch for that will define the future of manufacturing and distribution.
From consumer electronics to automotivemanufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production.
A manufacturing company, for example, can monitor real-time data from its suppliers, production lines, and distribution centers. In manufacturing, companies can track and report on carbon emissions, water usage, and waste generation, reducing their environmental footprint and improving sustainability performance.
Molex is a global electronics manufacturer that makes and sells over 100,000 distinct products – connectors, cable assemblies, and a wide variety of other products. They sell to the automotive, data communications, medical, industrial, consumer electronics, and other industries.
It is also a classic example of the connection between different industries (such as automotive) where strategies range from collaboration to acquisition as OEMs attempt to plan their own roadmap to capture consumer demand and meet regulatory requirements.
Product Line Growth From an industry perspective, automotive was the fastest-growing vertical; it was up 56% year-over-year. Both are contributing to a rewiring of the automotive supply chain industry. The consumer goods manufacturing and grocery vertical was also particularly strong.
Supply chain plays a crucial role for this Fortune 500 automotivemanufacturer. With the onset of COVID-19 in 2020, along with demand and supply fluctuations in the subsequent years, many manufacturers, including this one, saw significant stress on their global supply chains. This case study covers: Customer challenges.
Let’s take a closer look at how four key industries—automotive, consumer packaged goods (CPG), high tech, and industrial manufacturing—are navigating the tariff rollercoaster and adjusting to the shifting landscape. Automotive businesses can gain a significant edge by implementing real-time scenario planning.
Automotive: Can JIT manufacturing survive legal disruptions to tariff policy? Tariff uncertainty may prompt manufacturers to increase safety stock levels or pre-purchase materials, squeezing working capital. Every major industry now faces a unique supply chain challenge.
Manufacturers are reeling from the impact of the coronavirus pandemic on their operations and supply chains. Many automotive plants have had to temporarily shut down production or repurpose their assembly lines to produce medical devices such as respirators. This is where the virtual twin has a major role to play.
We serve many of the world's leading companies across diverse industries including Manufacturing, Retail, Automotive, and Life Sciences. Our collaborative, people-centered approach drives innovation and intellectual property creation, setting us apart in the market. www.bearingpoint.com Partner Region Global
Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. It’s not just small and medium-size businesses that are caught off guard.
manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Picture an automotive giant renegotiating steel contracts with new suppliers across multiple regions. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. For example, U.S.-based
Running a manufacturing business isn’t easy. That’s where a manufacturing ERP comes in. Manufacturing ERP (Enterprise Resource Planning) software integrates all your core business processes into one powerful platform. It’s a lot to handle. Let’s get started.
On the positive side, companies such as a small manufacturer of advanced plastic components used across various sectors, such as medical, industrial, automotive and consumer products has experienced increased interest from clients eager to purchase American-made goods. Where do industrial companies focus to prepare for tariffs?
Together, we are deeply committed to helping automotive supply chain leaders navigate the future, and I was particularly pleased to join Matt Pohlman, CEO of AIAG, for our inaugural discussion on the landscape’s evolving challenges and opportunities. The automotive industry is at a critical juncture.
New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. Supply chain optimization is essential to achieve this and can help tire manufacturing companies deliver significant reductions in supply chain costs and improvements in service levels.
Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. Let us take a closer look at some the advanced manufacturing technologies set to define the state of manufacturing throughout 2018.
Much has been done to improve manufacturing efficiency. As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies? Digital Manufacturing as an Enabler of Workforce Productivity. But, what about overall workforce productivity?
In the high-stakes world of automotivemanufacturing , delivering consistent quality at scale isnt just a competitive differentiatorits a necessity. million square feet of manufacturing floor space and operations across the U.S., Standardization as a Strategic Advantage In the automotive industry, precision matters.
In today’s fast-paced automotive industry, seamless data exchange is critical for efficient manufacturing, supply chain management, and innovation. A leading global automotive corporation operating in over 40 countries faced the challenge of securely and efficiently transferring large volumes of sensitive …
increase in used car and truck prices indicates that the supply constraints in automotive, partially caused by semiconductor shortages, is causing sales volume decreases and increased prices for alternatives such as used car purchases and automotive maintenance and repairs. The increase in energy prices is also important to monitor.
Impact Summary: A global automotive parts manufacturer transformed its production flow and operational efficiency using ThroughPut.AIs Supply Chain Decision Intelligence Manufacturing Production Optimization Software suite.
From Indias perspective, the trade deal complements its ambition to become a preferred manufacturing destination, encouraging businesses to diversify their investments. Automotive tariffs will go from over 100 percent to 10 percent under a quota. and lower manufacturing activity were reported in the months preceding the talks.
There are hundreds, if not thousands, of factors that impact the worlds automotive supply chains from tariffs and other trade policies to increasing extreme weather events , interest rates, inflation, sustainability pressures and the rise of artificial intelligence (AI).
This gives automotivemanufacturers a competitive advantage. It is fair to say that the automotive industry is complex to navigate. As a result, many automotive companies have been hesitant to leverage this FTA. The post Driving Efficiency: Import Management for Auto Manufacturing appeared first on QAD Blog - 608.
The largest industry gathering of automotive and IT professionals in Germany, the automotiveIT Kongress featured lectures, panel discussions, best practices, deep-dive sessions, an awards presentation, and extensive networking opportunities with industry experts.
Summary of the Impact A globally recognized Automotive Interiors Manufacturer deployed ThroughPuts AI-powered supply chain solution, Supply chain decision intelligence & analytics platform , to optimize Just-in-Time manufacturing across all operational shifts. Why This Case Study Matters to You?
Optimizing spare parts inventory offers significant advantages for organizations, particularly in the manufacturing, maintenance, and repair sectors. This digital transformation initiative led to a 37% improvement in production performance and significant working capital liberation.
In select sites, Trane Technologies leverages cutting-edge manufacturing technology allowing the company to improve response times, reduce project life cycles, optimize production processes and enhance facility footprints. “ Trane Technologies is developing shop floor digital twins to optimize all manufacturing process development.”
Play Video In our debut episode, Michael Leen, VP New Sales, and Sameer Joshi, VP Growth Markets, explore how AI is shifting automotive supply chains from reactive to predictive, moving from forecasting to market anticipation, and making sustainability a necessity. Tune in, rethink supply chains, and get UNCHAINED.
I recently talked to a former executive at a global automotivemanufacturer. The project was focused on the spare parts supply chain – the delivery of car parts and aftermarket accessories to automotive dealers and repair shops across Europe from their OEM vendors as well as their own manufacturing facilities in Europe.
The automotive aftermarket industry is facing a series of complex challenges as it evolves. This sector is driven by several factors, including the ageing vehicle population, the rise of e-commerce platforms , and technological advancements in vehicle manufacturing. With a projected global market value of USD 568.19
Perhaps not surprisingly, the industries that reported they would see the biggest improvement in fulfillment rates if able to ingest real-time data and provide actionable insights to business users were automotive and aeronautics (55%), FMCG (44%), and manufacturing/CPG (43%).
Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
Resilinc and RapidRatings shared that: A 90-day “pause and raise” tariff scenario led to severe stress in key manufacturing sectors, including aerospace, electronics, and automotive. This is especially relevant in light of proposed 2025 U.S. tariffs on Chinese goods and reciprocal actions from trading partners.
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