Justin Benson discusses the importance of ongoing supply chain assessment, highlights some of the challenges involved and outlines how businesses can look to do this effectively.
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Many manufacturers have faced significant supply chain disruption over the past year. By focusing on improving supply chain resilience there is an opportunity for OEMs to position themselves for growth and profits.
A shortage of semiconductors resulting from the Covid-19 pandemic could be a watershed moment for automotive OEMs who are willing to adapt to the situation.
Rather than stalling strategic investments in automation and digital technologies in order to control costs, some high-value manufacturers are accelerating such plans in a bid to gain market share or drive additional enterprise value in recovery.
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