As an original equipment manufacturer (OEM), supply chain optimization is always high on your list of priorities. But what does that mean? OEM supply chain optimization is not a quick fix with only one focus, but instead an ongoing strategy. Proper optimization requires analyzing, managing, and ultimately minimizing your inventory and costs, investing in current technology, and developing predictive strategies to streamline production and assembly procedures. Here, the team at Netsource Technology share the top tips for improving your inventory management.
In these uncertain times, the automotive industry is facing unprecedented turbulence in every aspect of their business, including equipment shortages, supply chain interruptions, labor disruptions, and a variety of new operational systems and policies. In order to remain relevant in this changing world, automotive manufacturers are rethinking their approach to supply chains and procurement.