Remove Manufacturing Remove North America Remove Sourcing Remove South Korea
article thumbnail

Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. South Korea based LG Chem announced this week a planned $3.2 Announcement. and other global regions. That further adds to fulfilling U.S.

article thumbnail

Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

Volkswagen’s recent announcement of plans to open a battery production facility in Canada to support North America production needs has some elements of such a strategy. Sourcing of supply not only in North America demand and supply, but also in other countries provides elements of such a strategy. powered EV’s.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Source: Consultancy.UK. Image source: Fortune. Consultancy UK).

article thumbnail

This Week in Supply Chain Management Tech July 14 2022

Supply Chain Matters

Laura Kelly jointly announced yesterday that the state of Kansas will be a new location for a proposed US-based lithium-ion battery manufacturing facility, pending approval by Panasonic Holdings Corporation Board of Directors. Other battery manufacturers that have elected to invest in U.S. location.

article thumbnail

How Are New Tariffs Going to Influence the Global Supply Chain?

AFFLINK

NAFTA , the largest free trade agreement ever conceived, significantly helped to expand trade throughout North America when it was finally enacted in 1994. Even certain manufacturers are opposed to these changes. All of this segues into the recently announced tariffs on items like washing machines and solar panels.

article thumbnail

Top 3 Strategies for Supply Chain Planners in 2021

BlueYonder

1] For many automotive manufacturers and suppliers, the initial shutdown of manufacturing in China due to the pandemic fully halted production in 2020, which exposed the risk of a single-country dependency model for many companies. Automotive Manufacturer Drives Profitability. To learn more visit the Luminate Planning web page.

article thumbnail

Helping You Plan Ahead During the Coronavirus Outbreak

CH Robinson Transportfolio

We continue to see elevated cases in developed nations that have a heavy reliance on manufacturing outside of the U.S., Similar to China, airlines have canceled majority of passenger flights in and out of Europe and South Korea due to safety concerns and lack of travel demand. Backup sourcing options. and Europe.