"New business reality." That's an apt way to describe the position of any company that has just emerged from four years of reorganization under Chapter 11 of U.S. bankruptcy law. And it's precisely the challenge that Delphi Automotive faced back in 2009, when it sought to reinvent itself and shore up relations with an army of suppliers.
The UK government and the automotive industry are investing £500m ($755m) each to double the number of jobs created or secured in the automotive supply chain by developing an Advanced Propulsion Centre.
A combination of rebounding sales and an unprecedented number of new models in the works has stretched the auto parts supply chain so taut that the entire industry is holding its collective breath that it does not snap and jeopardize the recovery.
Dassault Systemes, a vendor of software for product design and lifecycle management, has launched a new application for aerospace and defense companies.
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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