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The automotive industry is changing
Due to COVID, Industrial clients are experiencing a level of change not seen in 100 years. OEM’s and suppliers must collaborate extensively in order to mitigate short-term crises while effectively planning for long-term volatility.
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Multi-tier Collaboration: a source of competitive advantage
As emerging trends introduce volatility (e.g., automotive BOM shifting from ICE components to EV components, increased scrutiny from governments into downstream suppliers), the need for collaboration will grow more and more prevalent. Those who get it right will hold a distinct competitive advantage over lagging competitors.