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Sustainable supply chains, what does it mean?

Frost & Sullivan Manufacturing

Excessive energy and water consumption, high waste production with low reuse rates, human rights issues, and abuse of labor are just some of the core issues plaguing supply chains globally. A supply chain is a vast network between large companies and their suppliers to develop, manufacture and distribute finished products to end users.

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What is supply chain?

Fastener News Desk

The supply chain is the interconnected journey that raw materials, components, and goods take before their assembly and sale to customers. McKinsey & Company – Listen to the article: What is supply chain? In contrast, a value chain encompasses all the individual steps that are taken to create a marketable product.

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Is EDI Capability Possible Along the Entire Automotive Supply Chain?

Seeburger

How to meet an OEM’s digitalization requirements Suppliers account for 80% of the value added in the automotive industry.

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Everywhere All At Once: ChatGPT to find use in Supply Chain Management, Manufacturing, Retail, and In-Vehicle Experiences in the Automotive Industry

Frost & Sullivan Manufacturing

Data security and privacy remain major concerns as automakers move to embrace ChatGPT across the automotive value chain. Generative AI-powered Large Language Models (LLM), most prominently ChatGPT, are disrupting the automotive industry. Countries like Russia, China, Iran, Cuba, Syria, and Italy have banned ChatGPT.

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New Open Marketplace for Manufacturing Applications

Gary Mintchell

Cofinity-X will help to make important progress with the operationalization and build-up of end-to-end data-chains to trace material flows throughout the entire value chain. Traceability applications can give the possibility to display the entire value chain and help to find ways to increase supply-chain resilience.

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REE Automotive Announces Global Manufacturing Agreement with Leading Automotive Supplier Motherson Group Making Strategic Investment in a $45.35 Million Registered Direct Offering Led By M&G

i4.0 today

Pursuant to the agreement, Motherson will manage sourcing and supply chain of all production parts and support the assembly of the REEcorner® and REE P7 electric trucks, the first full by-wire, software-driven certified medium duty electric truck available on the market today. About REE Automotive REE Automotive Ltd.

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Cloud-based Technologies Can Drive the Future of Europe’s Automotive Industry

i4.0 today

In July 2021, the German Association of the Automotive Industry, known as Verband der Automobilindustrie (VDA), cut its forecast for production growth from 13 percent to 3 percent, citing supply-chain disruptions, including a shortage of semiconductors. billion pounds ($3.30 Euros) to costs. billion pounds ($3.30