Perspectives and research from our global leaders
Thomas Ziegler, leader of Moore Global’s automotive group, considers the impact the shift from combustion engines to battery powered vehicles will have on the global supply chain.
Auto sales have bounced back and prices and profits for dealers are sky high. However, a looming supply shortage and influx of new technology players threaten the revenue models of traditional franchises.
Suppliers in the automotive industry have a dilemma: continue to develop systems for traditional cars or gamble on electric vehicles which make up only a fraction of global sales.
Technology needed to meet 2050 global emissions targets is not ready but there are five steps we could take now that would make a big difference.
Shipping would be the world’s sixth largest polluter if it was a country. Powering vessels with LNG could cut emissions by 30 percent but it is controversial.
The global pandemic has forced business owners to confront the shortcomings of their legacy systems and embrace the edge that Artificial Intelligence (AI) and Big Data gives them. However, it’s important to remember that relationships will always be critical for sustainable growth.
Manufacturers and distributors who made a Big Pivot to embrace technology and reshape supply chains after Covid hit have seen revenue, profits and productivity rise.
"Companies realised, with Covid, they had real risk with supply chain concentration," - Mark Fagan, Moore Global leader in manufacturing and distribution.
Private equity investors have $3 trillion to invest in smart manufacturing and distribution companies. Moore experts explain how to get their backing.
The continued economic impact of COVD-19 across the globe has naturally forced or accelerated the process of businesses to review their existing operations and commercial arrangements.