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.
Challenge: One of the world's leading biotechnology providers with over $20B in revenue and a commitment to ensure that no patient ever goes without their life-saving medicine, needed to manage better the risk of disruption to its global life-sustaining supply chain. Key challenges included gaining visibility and working collaboratively with suppliers from all over the globe -- based in countries with different regulatory and geo-political environments and risks.
The Equipment Leasing & Finance Foundation on Monday lowered its forecast for corporate investment in equipment and software. The foundation now expects investment to grow 5 percent in 2015, according to the second quarter update to the 2015 Equipment Leasing & Finance U.S. Economic Outlook. In December, the foundation had forecast 6 percent growth for the year.
Vehicles with stop-start capability will account for 55 percent of all light-duty vehicles sold by 2024, increasing from 22 percent in 2015, according to Navigant Research.
Matt Hamson, chief executive officer with Coronado Logistics, details the transportation challenges and opportunities being experienced by shippers, carriers and third parties in Mexico.
By 2020, the average car will incorporate nearly 350 kg of plastics, up from 200 kg in 2014, according to analyst IHS Chemical. Meanwhile, the market for carbon fiber in car manufacturing will increase to 9,800 tonnes in 2030, up from 3,400 tonnes in 2013.
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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