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Emergency response: Weathering the storms

Automotive Logistics

At Ford, for example, Bong points to the use of a sophisticated forecasting, monitoring and action tool that the company started using several years ago, which maps and monitors every node in the supply chain. The problem is that, whilst logistics chains have evolved, the insurance risk assessments sometimes lag behind.”.

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Disaster recovery: Prepared for the worst?

Automotive Logistics

Renesas Electronics, for example, the world’s largest manufacturer of automotive microcontrollers, was forced to cut production by 70%, shifting from its badly damaged Naka wafer fabrication factory in the Japanese coastal city of Hitachinaka to a number of other sites around the company. ” – Richard Wilding, Cranfield University.

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Three Logistics Imperatives for Managing Uncertainty in 2022

Logistics Viewpoints

And, once again, it will be incumbent on logistics teams to deliver better, faster service, at a lower cost, to get products to market in the face of these continuing issues. As I write this in the fourth quarter of 2021, there’s just no telling what the new year will bring in terms of emerging logistics challenges.