Automotive and Transportation
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Automotive and Transportation
Source : (remove) : SupplyChainBrain
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The Challenging, Changing Business of Supplying Automotive Components


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Published in Automotive and Transportation on by SupplyChainBrain   Print publication without navigation

The best way to handle rapid change is to stay as informed as possible — both in terms of current market trends and possible changes — in order to run multiple, complex what-if scenarios.

The article from SupplyChainBrain discusses the evolving landscape of the automotive supply chain, highlighting the challenges and changes faced by suppliers of automotive components. It emphasizes the shift towards electric vehicles (EVs) and the subsequent need for suppliers to adapt their product offerings and manufacturing processes. The piece notes the increased complexity in supply chains due to the integration of new technologies and materials required for EVs, such as batteries and semiconductors. Additionally, it addresses the impact of global economic factors, including trade tensions and tariffs, which have forced suppliers to rethink their sourcing and production strategies. The article also touches on the importance of sustainability and how suppliers are increasingly focusing on reducing their carbon footprint and improving the recyclability of components. Overall, the automotive component supply business is undergoing significant transformation, driven by technological advancements, environmental considerations, and geopolitical dynamics.

Read the Full SupplyChainBrain Article at:
[ https://www.supplychainbrain.com/articles/41486-the-challenging-changing-business-of-supplying-automotive-components ]

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