I came across a white paper from PriceWaterhouseCoopers (PWC) called “Seizing Opportunity: Linking Risk and Performance”. In one place, the paper highlights a “global automotive manufacturer” that was “experiencing significant losses due to a key risk in its supply chain: supplier bankruptcies.” The company faced the direct costs of those failures, as well as the “indirect costs derived from the poor product quality, unreliable supply, and management distraction” that… Continue reading
According to a Reuters news report, Ford plans to “identify 850 suppliers eligible for its future business by the end of this year, down from 1,683 suppliers last year.” Tony Brown, Ford’s group vice president of global purchasing, is quoted as saying, “We’ve accelerated our efforts…to rationalize the supply base in order to get to profitable growth for all. There is simply too much capacity in the system. We… Continue reading
While conducting an Internet search, I came across a course offered by The Quest Team to sales people in the semiconductor industry. The course is called “Combating Aggressive Supply Chain Management: Strategies and Tactics for Leveling the Playing Field”. Here is part of the course description: “The SEM industry has been hit with increasingly aggressive customer supply chain management programs, initially introduced as PICOS, which have become more… Continue reading
I’ve heard that the Chinese symbol for “crisis” is composed of elements that signify “danger” and “opportunity.” A professor of Chinese language and literature at the University of Pennsylvania says this is untrue, which is too bad because it is such a good story.
It is also exactly the situation that GM finds itself in. The bankruptcy creates an opportunity to create a new value chain. Specifically, it… Continue reading
The big news this morning, of course, is General Motors (GM) filing for bankruptcy, thus marking a new era for the company and the automotive industry in the United States. How this will all play out in the months and years ahead is unknown, but if your company is at all linked to the automotive industry, the road ahead just got riskier and more uncertain.
It’s not surprising… Continue reading
New from Sponsor Blogs
Recent Comments