An average car has about 30,000 parts, and component shortages could lead to production stoppages. There is a way out.
By carrying surplus items, businesses will only be burning hard-earned cash on storage and handling. Help is here.
The industry is increasingly hit by supplier price rises, and getting vendors to settle for fair prices is hard. Here’s what we do.
Automakers are at the crossroads of opportunities (e.g., EV), but they need more resilient supply lines to drive opportunistic growth.
These represent the automotive industry’s lifeline, and with ever-rising commodity prices, manufacturers must move toward more fact-based negotiations.
Rising energy prices exert inflationary pressures on the sector. Cost modeling and negotiation skills can help soften the inflationary blow.
Finding a supplier is just half the battle. The more critical half is about forging deals that bring triple rewards: quality, value, sustainability.
Talk to Our ExpertAmidst the ongoing challenges posed by supply chain disruptions and the relentless rise in manufacturing costs attributed to fluctuating raw material prices and the imperative for manufacturers to align with industrial and technological advancements, there's a growing impetus among automotive manufacturers to prioritize cost reduction strategies. This shift aims to...
Read More to see the spendedge blogsGathering data on your supplier’s capability to deliver high-quality products is just not enough. More open communication will ensure suppliers not only deliver with quality but also ahead of schedule.
Supplier failures could become a double whammy for any business. There is revenue loss, plus reputational risk! Identifying contractors based on strong data points is key to mitigating partner risks. Get our market reports and be the first to know about supply risks.