How to build a resilient automotive supply chain to plan for the next crisis

Advanced Manufacturing and Mobility Business Minute

In this episode of the Advanced Manufacturing and Mobility Business Minute, David Sanders, our Global Advanced Manufacturing & Mobility Advisory Leader, shares his insights on the critical issues automotive supply chains are facing as we emerge from the COVID-19 pandemic.

During the podcast, David discusses:

• How is the COVID-19 crisis different from other crises we’ve faced, and why is a resilient supply chain so critical?
• Why do today’s supply chains seem so vulnerable during this pandemic?
• How can automotive companies prepare to make their supply chains resilient in the face of local, regional and global disruption?
• What are the steps that companies need to consider when designing and building a resilient supply chain?
• What is the most important thing companies should be doing now for their supply chains?
• What are your clients’ biggest challenges as they begin to restart their operations?

Key takeaways:

• Having visibility is key to optimizing supply chains both from an efficiency and agility standpoint during normal production. But it is critical given current events.
• COVID-19 has impacted both supply and demand, shocking both sides of the supply chain.
• Digital twins are a key supply chain planning strategy for economic unknowns.
• Stress tests and early warning systems are imperative for identifying potential risks and building a more resilient supply chain.
• Worker safety will be paramount as the automotive industry restarts operations.