Andrea Ioannilli’s Post

The #automotive supplier industry has maintained profitability for 20 years, but remains vulnerable to volume fluctuations. As demand in mature markets levels off, established suppliers will face mounting pressure. The companies that thrive will uncover new growth opportunities, streamline complexity, and uphold operational excellence. https://bit.ly/3Y2ouwS

From slowing EV demand to supply chain risks, learn more about some of the biggest challenges for auto suppliers today—and key considerations for industry leaders. #Automotive #ConsumerIndustry

Are you an automotive parts manufacturer struggling to find the right suppliers for your business? 🏭 🚗📊 Automotive Supplier Benchmarking: A Strategic Approach to Navigating Industry Challenges!🛠️🌍 As demand for electric vehicles rises ⚡and government regulations on carbon emissions tighten 🌍, finding the right suppliers is crucial. This case study highlights how an automotive parts manufacturer in Southern Europe used SpendEdge’s supplier benchmarking solutions 🔍to identify and partner with suitable suppliers, driving sustainable growth 🌱 and aligning with industry trends. Key Insights: Strategic supplier partnerships are vital for overcoming industry challenges 🤝. Supplier benchmarking identifies high-quality, cost-efficient suppliers 💰. Strong supplier partnerships ensure long-term success in a dynamic market 📈. 🔍 Want to learn how supplier benchmarking can give your business a competitive edge? Click here to read the full case study: https://lnkd.in/g5_rYYRC #AutomotiveIndustry #SupplierBenchmarking #StrategicPartnerships #SupplyChainManagement #IndustryTrends #SustainableGrowth #SpendEdge

The automotive #supplychain faces significant challenges due to labor shortages and a lack of key technological components like semiconductors. These issues increase costs and delay production, raising prices for consumers. Additionally, #geopolitical conflicts and natural disasters exacerbate these #disruptions. The industry is responding by diversifying suppliers and adopting emerging technologies to optimize operations. Flexibility and quick adaptation are essential to maintain production despite adversities. Implementing proactive strategies to mitigate risks and ensure continuity in such a volatile environment is crucial. https://lnkd.in/dkhpRkjt

Check out my latest published article on WardsAuto: "Key Supplier Strategies for a Reimagined Automotive Future."

Industry Voices | Key Supplier Strategies for a Reimagined Automotive Future For suppliers with strong market positions, investment in equipment, software and technology is vital to building a competitive advantage and driving industry innovation. http://spr.ly/6046SRcD4 #Automotive #AutomotiveTechnology #IndustryNews

Industry Voices | Key Supplier Strategies for a Reimagined Automotive Future For suppliers with strong market positions, investment in equipment, software and technology is vital to building a competitive advantage and driving industry innovation. http://spr.ly/6045SRcDN #Automotive #AutomotiveTechnology #IndustryNews

Curious about the latest trends in automotive profitability? Here are some key insights, as per the link below: OEM Profit Margins: Averaged 7.8% in Q1 2024, a slight decrease from 8.5% in 2023. Supplier Profit Margins: Remained steady with an average profit margin of 5.6%. Trend Continuity: This quarter marks the 13th consecutive period where OEM margins have outperformed those of suppliers. Stay informed and explore the full article for a deeper dive into these trends. #OEMs #suppliermargins

An interesting summary of #auto industry #margin trends for #OEMs and suppliers, from a Bain & Company article dated June 2024. Note that prior to 2020, #suppliers actually had higher margins than OEMs – but they were on a downward path, cratering during Covid. Since then, both have recovered – but now, #supplier margins are below those of OEMs. https://lnkd.in/gq-4XezX. What is concerning is that the downward pressure is expected to continue for the foreseeable future. Infor's industry-specific automotive platform, #Cloudsuiteautomotive, can help OEMs, suppliers and specialty vehicle manufacturers optimize operations, enable #innovation and increase shareholder value. #Infor #digitaltransformation #clouderp #CASE #connectedcar #futureofmobility #cloudcomputing #Infor's #industryspecific #automotive #cloudplatform #optimize #operations #specialtyvehicle #tiersupplier #autoindustry

How disruptions in the supply chain affect the automotive industry http://mvnt.us/m2416693 #ElectrixInternational #Automotive #SupplyChain #Technology