The supply chain for the automotive industry integrates four groups of players: original equipment manufacturers (OEMs), first-tier suppliers, sub-tier suppliers, and infrastructure suppliers.
As the automotive industry shifts from a traditional local business model to a global one, OEMs and their suppliers are experiencing much disruption and many challenges.
Key challenges faced by automotive companies
Transforming from local to global
Increasing globalization drives increased operational complexity. This requires a focus on integrating technology and processes which is costly and time consuming. While growth is clearly a goal of many automotive executives, cost reduction continues to be an important driver. The challenge is to balance these needs as well as managing supplier partners, product quality and local regulations.
Automotive companies are often restricted by local content and compliance regulations, requiring the establishment of multiple support centers across the globe. Local supply chain networks are required for accessing local markets and ensuring that products meet market-specific requirements.
Low cost country sourcing
More and more supply chains originate in low-cost countries, primarily in Asia and Eastern Europe and as a result, traditional organizational structures and business practices are being challenged. The aim is to achieve greater scale and cost efficiencies while
Looking at different kinds of cars, one can’t help but notice that each car has a special trait, a characteristic that makes it what it is. And we cannot help but categorize a car by its looks and features. On sports cars for girls, one usually arrives at an image of a convertible roadster that is small and compact. To give you a better idea, here are some cars that can be classified as a ‘chick car’.
The Volkswagen Beetle is a compact family car that is made in Germany. It is one of the most easily recognized cars in the whole world. Due to its popularity, it has even moved up to a cult status with many loyal followers. It is known as the beetle, bug, or kafer (German) because of its distinctive shape.
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Depending upon our cars to get