By Sphera’s Editorial Team | January 24, 2022

Managing Risk in the Automotive Supply Chain

Supply chain risk factors in the automotive industry face include geopolitical risk, lack of sub-tier transparency and evolving trends – particularly the rapid transition to electric vehicles.   

To manage all kinds of risks effectively, companies need a powerful supply chain risk management (SCRM) program. This will enable effective operations, fueled by solid structures, educated teams, and digital technology. But how can they get started?  

 This framework guides users through four steps:  

  • Evaluate the status quo to determine risk maturity. 
  • Develop a supply chain risk management strategy.  
  • Introduce a best-in-class approach. 
  • Create and deliver long-term value to the enterprise.  

Learn how to successfully introduce an SCRM program within your enterprise in the automotive industry. Start moving toward greater supply chain resilience. 

Download our framework today!