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Although many of the sanctions the U.S. placed on Russia following the invasion of Ukraine are designed to minimize the negative effects felt by U.S. consumers, manufacturers are still experiencing strain as a result of them. Nowhere is this truer than in the automotive industry, where many manufacturers have taken measures to align with the…
It is easy to view supply chain disruption in strict terms of dollars and cents, of profits made and losses accumulated, but consequences go far beyond that. Adjusting priorities and production delays is one thing, but human consequences are quite another. Such consequences can be easily seen today in automaker supply chains, which have recently…
It was not a surprise that the electronics manufacturing industry faced sizable challenges in the first quarter of 2020 following the series of global lockdowns brought on by the COVID-19 pandemic. What was a surprise, however, was the rapid demand that materialized following the market recovery near the end of the year, far outpacing supply…
Since the early 1900s when Henry Ford pioneered the original assembly line, the evolution of the supply chain has been tightly linked to the auto industry — and ever since it has been held up by manufacturers as a shining beacon representing what a supply chain is capable of. Compared to most modern manufacturers, auto…
It is difficult to read anything about today’s auto industry without diving headfirst into the discussion about the impending electric revolution. Some automakers, such as Volvo, have been extremely enthusiastic about the transition, while others like Ford have been slightly more deliberate in their offerings, careful to keep one eye on the future while keeping…
If one follows the money and the national conversation circulating around auto industry leaders such as Tesla, GM, Ford, Toyota, and potential game-changers such as Byton, the ever-evolving auto industry seems to universally agree on one thing: the future is electric. Although electric vehicles (EVs) only accounted for approximately 2 million of the vehicles on…