Insights for the Automotive & EV Supply Chains
Money is made in the Auto and EV Supply Chains, not just on the shop floor!
The automotive industry was plagued by ongoing supply chain disruptions before the COVID-19 pandemic. Since then, globally, the industry has annually lost hundreds of billions of dollars in potential revenue and millions of units of production due to chronic supply chain shortages of critical raw materials and components, especially semiconductors. When will these supply chain challenges be permanently overcome?
Supply chain issues are not only isolated to materials and components; labor shortages affecting manufacturing operations and transport disruptions are contributing to unreliable production output, which is impacting automotive manufacturers’ ability to consistently “deliver on the promise of delivery.” Is the view of supply chain management too narrowly focused?
Learn about our supply chain thought leadership initiatives by exploring the resources provided below.
Listen to Cathy and Terry’s interview with Gayle Lantz’s CEO on the Go podcast to learn specific actions CEOs can take to best leverage the power of their supplier chain.
Read this case study about the results of applying 24 Essential Supply Chain processes in an EV OEM start-up.
Review this MMOG/LE v6 and ISO 9001:2015/IATF 16949:2016 Comparison.
Listen to our podcast for insightful discussions with Automotive industry leaders.
More Auto Supply Chain Pressures
Consumers’ delivery expectations are changing due to the Amazon standard of 2-day delivery from the time of order. This challenges the velocity of back-end processes to keep up with the pace of demand in proximate market locations. How can automotive manufacturers ensure they have the “right product” in the “right quantity”, in the “right place” at the “right time” to respond to consumer demand rapidly?
Adding to the supply chain chaos is the need for automotive manufacturers to develop EV (electric vehicle) supply chains, demanding new sourcing requirements and greater competition with other industry verticals. Can the automotive industry learn from the lessons of past supply chain problems to create resilient and sustainable supply chains for the future?
Quistem, in partnership with QAD, has been closely studying the automotive supply chain over the past six years in order to:
- Understand the root causes of existing supply chain challenges
- Recognize predictors of future supply chain risks
- Develop and provide organizational and industry-wide solutions
to systemically improve automotive supply chain resilience and performance