The automotive industry is increasingly using artificial intelligence to help choose which companies will supply components for vehicles, though some are wary of the potential impact on supplier ...
A relationship between a company and its suppliers is fundamental to its success. In fact, McKinsey found that companies whose supply base uses the best the market offers can see a 5% to 10% lower ...
Supply chain disruptions and inefficiencies have been in the spotlight in recent years, especially since the COVID-19 pandemic, often forcing manufacturers to scramble to make changes in suppliers.