October 13, 2020
Supply chain of automotive industry
From 2014-2017, the average is 32 each year, in contrast to 18 per year between 2010-2013, relating to LMC Automotive (numbers represent brand new entry designs, and all sorts of new and major design redesign).
This increased launch task causes significant additional strain being put on both the OEM and offer base to perform a flawless launch, but still maintain manufacturing in a heightened amount environment. Further, as automotive OEMs continue moving to global platforms and global expansion, the supply sequence is becoming more and more complex. That is specifically obvious as OEMs grapple utilizing the advantages of international design and scale balanced against cost savings goals and neighborhood market demands. This frequently leads to decisions on sourcing with huge, international manufacturers versus local regional suppliers—all that impacts the danger profile.