How can companies stabilize their supply chains in a situation where the war in Ukraine and the globally varying effects of the Corona epidemic are putting extreme stress on supply chains around the globe? This question was discussed by panel members Hanno Höhn, Chief Procurement Officer, Mann + Hummel, Gerd Hofmann, Director Global Procurement, Grob-Werke, Rainer Straub, CPO, Siemens Mobility and James Westgarth, Head of Procurement Performance, Lufthansa at Lake Constance Mobility Supplier Summit, chaired by ConMoto CSO Dr.-Ing. Marc Heinisch.
Panelists shared their experiences on the causes of supply chain problems and their short- and medium-term impacts. It became clear that supplier risk management and multi-sourcing strategies are high on the agenda when it comes to mitigating or avoiding supply chain disruptions. The goal is greater flexibility in procurement, supply and processing throughout the production network. In addition, with rising logistics and material costs as well as disruptions and shortages in Shipping & Trucking, methods such as Predictive Pricing are gaining importance.
ConMoto was represented at the Lake Constance Mobility Supplier Summit by several design-to-cost experts and presented its holistic approach that encompasses the entire value creation process from engineering to procurement and production to supply chain management.