Tune into our latest Autocar Business podcast as senior figures from the industry discuss whether just-in-time manufacturing is still fit for purpose in a world of global economic shocks.
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We're joined by Stephen Norman, former managing director of Vauxhall Motors; David Bailey, professor of business economics at Birmingham Business School; and Mark Brickhill, CEO of OEM Klarius.
Just-in-time manufacturing allowed the car industry to run incredibly lean, giving much improved efficiencies and cutting swathes from storage costs. The business model allowed for parts to be shipped from all over the world in precise time slots, just when the main factory needed them.
But the events of the past two years have turned all that on its head. First, the semiconductor supply crisis and more latterly the war in Ukraine have forced companies to reassess their complex supply chains.
Listen in as our guests discuss this and more, as look into the potential solutions going forward.
As Bailey put it, "there could be benefits from not having such long supply chains, sourcing parts closer to where production takes place and setting up alternative supply".
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Welcome to Autocar’s podcast series, where the industry's top players discuss their latest products, give key insights into the newest innovations and trends, and share their insider knowledge on where the automotive industry is heading.
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