Resilience & Agility in Auto-Mobility Supply Chains: Driving Optimization
Companies understand the importance of resilience and agility. As speed is of the essence, many are already exploring ways to minimize supply chain dependency on a single country, trade lane, or source and to utilize outsourcing to boost resilience. Supply chain diversification is neither a universal solution nor a strategic necessity for every organization but should be kept under regular strategic review. Achieving resilience and agility requires a concerted effort, often including a dedicated investment in processes, infrastructure, technology, and people.
We’ve engaged with a wide range of leaders to deliver fresh perspectives and valuable advice on resilience and agility. Click for insights from Abhishek Gupta of the World Economic Forum. Don’t miss the recorded webinar with the DHL Global Auto-Mobility Sector President, Fathi Tlatli, Segsarn Trai-Ukos of Michelin SMPT, Karsten Michaelis of DHL Global Forwarding, and Chris Howarth of Falcon Group. We also bring you additional conversations with Marc Boel of Goodyear on piloting new technologies, Ulf Venne of Everstream Analytics on enhancing visibility and managing risk, Paul Parry from DHL’s LLP and 4PL division on outsourcing, and David Schwikart, DHL Operations Director in Mexico on high-volume, high-pressure logistics management.
Unveiling the Secrets of Supply Chain Resilience & Agility in the Automotive Industry: Insights from the World Economic Forum (WEF)
In this exclusive interview, Abhishek Gupta provides a clear definition of supply chain resilience and agility in the context of the automotive industry, explaining its critical importance today. In his role as Partner Lead for Automotive, Supply Chain, and Transportation Industries at the World Economic Forum (WEF), he drives CEO and C-suite partnerships and shapes industry agendas. Watch now for his recommendations on building a resilient supply chain and to understand how near shoring can enhance resilience.
How to Build Resilience & Agility in Supply Chains
Webinar: Managing disruptions in Auto-Mobility supply chains
Watch this engaging discussion with an exceptional line-up of industry leaders: Fathi Tlatli, President Global Auto-Mobility Sector, DHL, Segsarn Trai-Ukos, MS of Michelin SMPT, Karsten Michaelis, Head of Ocean Freight Asia Pacific at DHL Global Forwarding, and Chris Howarth, Chief Financial Officer, Falcon Group.
This in-depth webinar recognizes global automotive supply chains have been hit by multiple disruptions. The industry continues to reel from unprecedented semiconductor shortages, the lingering effects of the pandemic, ongoing port congestion, trade wars, and more. The answer is flexibility, adaptability, and visibility in the supply chain. But how do you drive change in your ogranization and turn disruption into opportunity? Don’t miss the recommendations on mitigating the impact of unexpected events and gaining new levels of agility and resilience.
Industry impact deep-dive
Explore more: select the icons below to discover how Resilience & Agility affects industry sectors.
Components Manufacturers
Impact: High
Resilience: Achieving end-to-end supply chain visibility includes tracking raw materials, work-in-progress items, and finished goods to quickly identify and address disruptions that could cause vehicle assembly line stoppages. Companies are developing alternative sourcing strategies for critical materials and components to maintain production continuity during disruptions.
Agility: Being able to quickly prototype and test new components allows manufacturers to respond swiftly to changing market demands and technological advances. Implementing scalable production processes enhances responsiveness; production can be ramped up or down depending on market conditions.
Commercial Vehicles
Impact: Medium
Resilience: There is a clear need to build resilient supply chains to ensure the availability of critical components. This can include maintaining higher inventory levels of key parts and planning for different distribution options. Companies are also strengthening collaboration with suppliers to improve visibility and transparency across the supply chain, helping to anticipate and mitigate risks.
Agility: Manufacturers are adopting flexible distribution processes to accommodate high numbers of mass market and premium tire references. They are also meeting the new logistics requirements of business-to-consumer (B2C) fitting services and data-based applications. Integrating advanced technologies including artificial intelligence (AI) and internet of things (IoT) also helps companies improve supply chain visibility and agility.
Tire Manufacturers
Impact: High
Resilience: Establishing robust supply chains for raw materials, such as rubber, involves diversifying sources and building strategic reserves. Effectively managing inventory includes maintaining safety stock levels, helping to cope with supply chain disruptions.
Agility: Manufacturers are adopting flexible distribution processes to accommodate high numbers of mass market and premium tire references. They are also meeting the new logistics requirements of business-to-consumer (B2C) fitting services and data-based applications. Integrating advanced technologies including artificial intelligence (AI) and internet of things (IoT) also helps companies improve supply chain visibility and agility.
Passenger Vehicles
Impact: High
Resilience: Diversifying suppliers to enhance resilience mitigates risks associated with single-source dependency. This may also include establishing multiple partnerships across different regions. Implementing comprehensive risk management strategies, including monitoring geopolitical developments and natural disasters, as well as using real-time data analytics and advanced planning systems, are also strategies to bolster resilience. Nearshoring and local-for-local strategies, which involve strategically relocating suppliers and production facilities closer to customers, also offer increased operational resilience.
Agility: Companies are adopting flexible production systems to quickly adapt to changing market demands and disruptions. They are also investing in modular production lines and just-in-case inventory systems. In addition, organizations are achieving rapid response to supply chain disruption, such as material shortages and logistics delays, by leveraging multi-modal agility.
Building Resilient and Agile Supply Chains: Insights from Goodyear and the Tire Industry
In this interview, Marc Boel shares the importance of resilience and business continuity to the Goodyear Tire & Rubber Company and describes recent issues that triggered a review of supply chain strategy. He considers the company’s focus on visibility, transportation agility, and partnerships – both with suppliers and customers – to enhance resilience. Watch now to discover the technologies that Goodyear is piloting to achieve greater resilience.
Leveraging Data for Resilience & Agility: Insights and Strategies from Everstream
A key figure at Everstream Analytics, Ulf Venne leads the Global Center of Excellence, focusing on integrating supply chain risk management practices into organizations for long-term benefits. In this interview, he emphasizes the importance of leveraging advanced technology such as artificial intelligence and predictive analytics to enhance visibility and proactively manage risk. We also discuss vital strategies for building resilience and agility.
Delivering expertise: logistics in action
Explore real-world best practices & industry collaboration
.jpg)
GET IN TOUCH
Contact us to discuss what agile, electric, connected and sustainable supply chains could mean for your business.