Brexit is a word that is used as a way of saying Britain leaving the European Union – merging the words Britain and exit to get Brexit, in the same way as a possible Greek exit from the euro was dubbed Grexit in the past. The European…
Manufacturing project management assists organizations to create better production plans, control production processes, manage risks and measure and quantify success. The term project management creates assumptions due to its vagueness. There are countless intricacies and details to work through before a consumer can receive a…
The role of automotive suppliers is structured into tiers. The tiered structure has given clarity and understanding to both industry outsiders and observers as to which company is responsible for which component or technology. The automotive value chain has changed. Technology is advancing at such…
Materials science may be one of the more important technologies of the next decade. Manufacturers need new materials to create more advanced products. Manufacturers also need to replace materials subject to supply disruptions, like rare earth elements. Traditionally, developing new materials has been a slow,…
The “Amazon Effect” is a term many have heard, but what does it mean? While it can mean different things to different people, in general, it refers to the phenomenon of how consumers’ interactions with Amazon are driving new expectations for how buyers and suppliers…
Today’s opportunities require cooperation across the ecosystem at large. As indicated by Forbes Insights research, transportation-focused executives will not only be looking to hire outside providers for a wider array of services, but they will also be seeking closer collaboration with suppliers, customers and even competitors….
There are many different industry and interest groups that have a stake in the outcome of the driverless car bill. The bill passed the Senate Commerce, Science and Transportation Committee by a voice vote in October, and a companion bill sailed through the House last year….
Shortly after U.S. and China declared a truce, China offered a goodwill gesture to smooth trade negotiations. For three months starting January 1, cars imported from the U.S. will no longer be hit with an extra 25% tariff, while extra levies of varying rates on…
Plastics. They are everywhere from packaging to automotive body parts. It is no wonder that according to a research report by Global Market Insights, Inc. that the automotive plastics market size is set to surpass 50 billion by 2024. Anything plastic can be made by plastic…
There are 17 numbers and letters (17 positions) in a vehicle identification number (VIN) and you can divide them into three groups: World Manufacturer Identifier, Vehicle Descriptor Section, and Vehicle Identifier Section. Typically, the VIN is stamped into a plate that may be located in…
