The global chip shortage is going from bad to worse with automakers on three continents joining tech giants Apple Inc. and Samsung Electronics Co. in flagging production cuts and lost revenue from the crisis.
There’s a severe shortage of semiconductors at the moment, caused by a combination of factors, including the coronavirus pandemic and unexpectedly high demand for autos and high-tech consumer products
The auto industry, which has long relied on just-in-time manufacturing to reduce costs, is finding it has limited flexibility to deal with supply-chain disturbances wrought by the pandemic.
President Biden told companies vying with each other for a sharply constrained global supply of semiconductors that he has bipartisan support for government funding to address a shortage that has idled automakers worldwide.
President Biden’s proposed infrastructure bill calls for $571 billion in additional transportation spending over current federal levels, and $50 billion to make infrastructure more resilient to climate change.
A look at the possible implications of President Biden’s order to review critical supply chains on the United States’ relations with its trading partners, with Jeff Weiss, partner and co-chair of the International Trade Policy Practice, and leader of the Supply Chain Team, of Steptoe & Johnson LLP.
Transportation teams have a mandate to keep costs low without sacrificing performance. Lowering transportation costs is no longer as simple as selecting the cheapest provider on a cost per mile basis.
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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