Building resilient automotive supply chains: lessons from an era of disruption
Automotive industry shifts focus from efficiency to supply chain resilience.
For much of the past three decades, the global automotive industry pursued a single organizing principle: efficiency. Supply chains stretched across continents, inventories shrank to a minimum, and production schedules ran with metronomic precision. Components flowed from thousands of suppliers in tightly choreographed sequences, allowing manufacturers to build increasingly complex vehicles at ever lower cost.
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