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.
The global shortage of microchips has had a devastating impact on multiple industries, not least automotive manufacturers, who are expected to have lost some $210 billion in 2021 because they couldn’t get enough chips to drive the systems in their vehicles. But how did we get to this state of affairs?
The 17 “rare earth” minerals that are essential to so many high-tech products today, from electric cars to magnets and military systems, aren’t literally rare, but their mining and production is. Read more.