Premium audio system sales in new vehicles are expected to grow from just over 8.6 million units globally in 2014 to more than 11.6 million units in 2021, with branded speaker system sales expected to grow from more than 8.7 million units to 11.1 million units in the same time frame, according to the IHS Automotive forecasts for these systems.
Challenge: A leading automotive parts retailer, with more than 3,000 stores in the U.S., wanted to quickly develop their B2B channel while simultaneously growing their traditional retail channel. But their operations would have to adapt to meet the higher service level that B2B customers require.
Ford is one of several carmakers that have adopted the Adept 850 - a passive UHF on-metal tag with an 8.5-meter read range and a 4-meter write range - to store and access data about each manufacturing step.
Russia's light-vehicle market is still in the mire as a result of the very poor macro environment and it remains to be seen if subsidized car loans will move the dial.
Challenge: The U.S. subsidiary of a $6 billion multinational electronics and electrical equipment company imported products from its Japanese headquarters using manual processes. Beyond the inefficiencies of using paper documentation and having brokers manually key data, the post-import reconciliation of broker documents for correctness and compliance was labor intensive.
Challenge: A U.S. manufacturer of consumer and business products exported globally using both electronic and manual processes. The firm sought to centralize all export compliance activities in one solution that could perform denied party screening and manage Export Control Classification Numbers (ECCNs) and export tariffs.
It is no longer a question of if but when autonomous vehicles (AVs) will hit the road. In the auto industry's most significant inflection in 100 years, vehicles with varying levels of self-driving capability - ranging from single-lane highway driving to autonomous valet parking to traffic jam autopilot - will start to become available to consumers as soon as mid-2015 or early 2016. Development of autonomous-driving technology is gaining momentum across a broad front that encompasses OEMs, suppliers, technology providers, academic institutions, municipal governments, and regulatory bodies.
Since 2009, global production has increased by about 25 million units, according to KPMG, and estimates put the current revenue for the auto industry at more than $2tr. Many analysts estimate that about 4 to 5 million new cars and light trucks will be in use each year in the near future. This isn't just good news for automakers - chemical manufacturers will also see a boost because of how the two industries are linked.
The latest supply-chain news, analysis, trends and tools for executives in the automotive industry — which consists of companies that produce automobiles, utility vehicles, motorcycles, all-terrain vehicles and heavy trucks. Learn how automotive companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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