The automotive supply chain stands out as a significant risk factor compared to other industries. In 2021, nearly 45% of global automotive manufacturers reported supply chain disruptions as the primary reason for production halts. At Flex, data from thousands of companies and over 20,000 products reveals that automotive product parts face a 55% availability risk—more than double the industry average. Stockout risk, at 93%, further exacerbates the problem, threatening production continuity, customer relationships, and cost management. As next-generation mobility, driven by software-defined vehicles, transforms the automotive industry, the sector must address its readiness to meet new supply chain demands. The rising reliance on semiconductors adds complexity, with chip content per vehicle expected to double by 2030, according to Boston Consulting Group. KPMG’s survey shows that 45% of OEM executives outside China are deeply concerned about semiconductor availability, a concern mirrored in other critical areas like battery components and
The only supply chain registration you need
Unrivaled context behind every news and article for free.