Recent procurement digitization efforts have focused largely on indirect spend categories. But neglecting direct spend digitization means ignoring 90% of a company's overall spend and foregoes potentially dramatic process and business improvements.
Carmakers like Volkswagen and General Motors should brace for the global semiconductor shortage to last beyond next year and redesign cars so they need fewer of the high-tech components, according to analysts.
The latest supply-chain news, analysis, trends and tools for executives in the automotive industry — which consists of companies that produce automobiles, utility vehicles, motorcycles, all-terrain vehicles and heavy trucks. Learn how automotive companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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