Year on year, the automotive industry tackles increasing pressure to deliver technological innovation and evolved efficiency, all whilst facing volatile markets as the major manufacturers race to reach the finish line first. In such a process-driven culture, inbound supply chain disruptions of component parts can have huge financial consequences for OEMs and suppliers alike. After all, when inefficient automotive logistics disrupt the product pipeline, losses can amount to £100,000s in just minutes.
Consumer tastes can change in the blink of an eye, often leaving the shelf life of your high value consumer electronics shorter than their production cycle. The latest mobile phone, tablet, or laptop is soon superseded by a new model, with value plummeting as consumers’ interest peaks elsewhere. In such a dynamic industry, long lead times for technology products are a particular pain point as your speed to market becomes a priority.
Managing peaks with your supply chain is a long-standing challenge for retailers and manufacturers alike - with the biggest test often falling in the days, weeks, and months leading up to Black Friday.
Topics: Supply Chain Management, Black Friday, Crossdocking, Added Value, Kitting and Packaging, Cross-training, Buyer Consolidation, Transloading, Warehousing and Distribution, Consumer Electronics, Technology Industry