Recent reports point to a critical supply-chain bottleneck that will hit global auto companies hard in just a few years’ time. The causes? An estimated 40 percent shortage in tooling capacity – both plants and people - combined with an ambitious schedule and volume of new model introductions.
In this recorded webinar, an industry-leading analyst highlights what you can do now to prepare for the shortages and protect your future.
While the factors driving anticipated bottlenecks are beyond any single manufacturer’s capability to change, there are many things you can do to lessen the impact and ensure you meet this challenge. Dave Andrea, OESA’s senior vice president, industry analysis and economics, describes recommended actions.
- Boost your supply chain visibility in order to identify where bottlenecks are most apt to occur.
- Improve planning and forecasting so that supplier alternatives are available
- Increase the flexibility and agility of your production flow and internal processes so supplier changes can be made quickly.
- Streamline and simplify processes to maximize efficiency and increase throughput.