AUTOLINE SUPPLIER SYMPOSIUM 2015 - DAY TWO

EV Channels Review

This Autoline episode from the 2015 Supplier Symposium focuses on critical issues facing the automotive supply chain. The first panel, organized by OESA, delves into the complexities and risks associated with 'directed buy' practices, where OEMs dictate specific tier-2 suppliers. Experts highlight how this can lead to increased costs, communication breakdowns, and relationship issues if not managed with clear guidelines and upfront agreements. The second panel, from the Society of Automotive Analysts, offers a cautiously optimistic outlook for the North American market in 2015, predicting modest growth but warning against overexuberance due to a long recovery cycle and potential pressure from used car inventory. Key trends discussed include the impact of low gas prices on vehicle mix and the persistent challenge of supply base constraints. The final panel, hosted by AWAF, addresses the crucial need for attracting and retaining talent in the automotive industry, emphasizing strategies like scholarships, mentorship programs, and creating engaging work environments to foster career development and combat industry-wide talent shortages.