Connect with us

Uncategorized

How supply chains are made more flexible and ethical

 


Some automakers have spoken of the need to increase dual sources – find another resource to do the same part – to avoid breaking the chain in the event of disasters such as the epidemic.

“This is definitely something we are looking forward to. We don’t want to be in the same situation again, as we rely on a single resource,” Emilio Herrera, chief operating officer of Kia Europe, told Automotive News Europe in May. “Being a global group like the Hyundai Motor Group, I think doing this is easier than if you were a local manufacturer.”

A report from the ING Bank’s analysis arm in June said exposure to suppliers in Hubei Province, China, the site of the first spread of COVID-19, had cost European carmakers dearly. “The closure in Hubei Province in China led to the closure of factories in Europe, weeks before the closing of European countries,” she said.

Dual sourcing is not an option for small businesses like JLR. “Making double sets of tools is only in the event of an earthquake or other crisis that simply cannot be tolerated,” Harnett said.

Instead, companies should be flexible. Harnett said the JLR’s recent need to move parts from China to Europe in less time than it takes the ship to deliver. “We could not bear the costs of air freight, but we found that the railway between Europe and China was already working,” he said.

The massive cost of disrupting the supply chain means that additional scrutiny in this part of the automotive business is inevitable.

“The problem continues to emerge,” said Matteo Fini, CEO of IHS Markit Automotive Supply Chain and Technology. “Since the Thai tsunami and floods, around 2011 and 2012, awareness has increased among automakers, starting with Japan and Toyota in particular. They started a very comprehensive exercise to identify the largest possible number of supply chain layers and asked their main category 1 suppliers to do the same The thing. “

Suppliers are supportive of the process.

“If you use new tools – cloud service or digital monitoring – to manage complexity to get a better understanding it helps all of us,” said Thorstein Moshal, Faurecia’s executive vice president of sales and program management. European Supplier Organization CLEPA. “We all have to cut costs, manage risk and expectation can do that.”

He also named other benefits, such as tracking parts and calculating the footprint of carbon dioxide, especially when looking at possible future taxes on carbon dioxide. “I would like to say that it is necessary for suppliers like automakers.”

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



Picture Credit!

ExBUlletin

to request, modification Contact us at Here or [email protected]