BMW Fortifies EV Supply Chain for Future Resilience
BMW is bolstering its supply chain and preparing for the future of electric vehicles. The company is prioritising data-informed decisions, localisation, and robust planning to ensure resilience and agility.
BMW is integrating localisation early in product development to influence its tractor supply, as highlighted by Dr. Ulrich Wieland, vice president of production control, logistics, and material control.
The company has identified seven key factors for supply chain resilience: product viability, localisation, scenario planning, operational excellence, data transparency, data-informed decision-making, and communication. BMW stresses the importance of these aspects, particularly in volatile times.
BMW's Spartanburg plant is gearing up for the next generation of vehicles and electrification. The company is collaborating with Solid Power to develop all-solid-state battery (ASSB) technology, which could potentially be used in future electric vehicles produced in Spartanburg. However, specific partnerships for battery electric vehicle production in Spartanburg are not yet detailed.
BMW acknowledges the importance of data security and cybersecurity, citing the recent JLR cyber incident. The company emphasises operational excellence and data transparency for supply chain resilience and advocates for scenario planning that considers different premises to ensure system robustness.
BMW is strengthening its supply chain by prioritising localisation, data-informed decisions, and robust planning. The company is also preparing for the future of electric vehicles, with its Spartanburg plant readying for the next generation. BMW's focus on these areas aims to ensure resilience and agility in an ever-changing market.
Read also:
- Tony Hawk's Memorabilia Auction Raises Record $1.2M for Skatepark Project
- Customs Raid in Germany's Hotel Industry Finds 12 Illegally Present Workers
- MIH Consortium Chooses BlackBerry for Next-Gen EV Platform
- Aquatech purchases Koch's Direct Lithium Extraction business, merging Li-ProTM DLE technology into the PEARLTM Technology Platform.