___________________________________________________________________________________________________ Supply chain
GEARS
Rerouting : ensure intricacy doesn ’ t lead to disarray
Unprecedented demand shifts extend from manufacturing and charging stations to software and firmware updates . Chaotic swings in automotive supply and demand can risk customer loyalty . Customers will head elsewhere if vehicles aren ’ t readily available , so consistent supply is non-negotiable .
Poor visibility of inventory across suppliers means poor visibility of supply risk . A single issue among thousands of suppliers over multiple tiers can make even the most efficient production lines grind to a halt . Due to the complexity of new vehicles and the myriad required parts , manufacturers and suppliers often turn to overstocking as a solution . This can exacerbate shortages and tie up capital that may be put to better use elsewhere .
With a proliferation of configuration options , a shift from make-to-stock to maketo-order , and the surge in new suppliers for novel technologies , the complexity only grows . Disruptions now span demand and supply , requiring manufacturers to monitor multiple stakeholders , from systems , components , and materials , to dealers , customers , and recyclers , and consider building new supplier relationships when necessary . Manufacturers also require visibility to ensure this further complexity doesn ’ t equate to delays .
No easy wins when it comes to shortages
Shortages of semiconductors and metals for EV batteries continue to plague the automotive industry . In 2021 alone , the
scw-mag . com 25