Top automaker CEO: Don’t expect a sudden turnaround on supply chain problems

| Posted by unionwear

CNBC reports that Renault’s CEO believes there will be no sudden let up in the supply chain shortages that have dogged the autos industry, even as the carmaker dubbed its “emergency” period over.

“We don’t anticipate a sudden, complete improvement of the situation. But, in the meantime, we have learned to manage this complexity,” de Meo told CNBC’s Charlotte Reed.

“We think the situation [is] getting better; May and June were not so bad. But, of course, we are missing full transparency on supply chains because the world is becoming more complicated in general,” he said.

He added that the sourcing of raw materials would continue to be an issue for automakers but added that the company had grown more resilient.

We have seen this kind of resilience across manufacturing. Unionwear, too had to be flexible and nimble during the supply chain crisis. However, it is worth noting that these issues are mitigated by those companies which manufacture domestically.

Read more here.