Supply Chain Management

Semiconductor Shortage the New Normal?

The automotive industry has faced significant challenges due to the impact of the COVID-19 pandemic on semiconductor chip availability, causing widespread disruptions across the sector and the global economy. However, as we approach mid-2023, the situation has stabilized, and the auto industry has adjusted to a new normal. While the shortage of semiconductor chips that

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Supply Chain Management

Continued Pressure on Automotive Supply Chains

According to a recent Reuters article, Global supply chain stress at 18-month low in July, NY Fed’s index at its lowest level since January 2021. However, that is not across the board. A major exception is the automotive industry supply chain. There are few industries as complex as automotive regarding supply chains. Normal supply and

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Industry Insights

Automotive Semiconductor Shortages Courtesy of COVID and a Perfect Storm

In a recent Fox Business report, Elon Musk cites major industry-wide supply chain price pressure for raw materials and semiconductors for a string of price hikes on his Tesla Model 3 and Model Y. Tesla instituted production suspensions earlier this year based on parts shortages. Tesla is not alone. Expectations are that the automotive segment

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