February 13, 2020
Automotive and pharmaceutical supply chains feel impact of coronavirus
Logistics Viewpoints talked with LLamasoft CEO Razat Gaurav about the impact that the coronavirus is having on both global automotive and pharmaceutical supply chains.
“Most OEMs single source components for new vehicles and China is a large supplier of those. Thus, there is exposed risk. The automotive industry has been going through a ‘regionalization’ trend for the last 5 to 8 years with major hubs emerging in Mexico, Eastern Europe, Morocco and China,” said Guarav. “Even so, there is a ripple effect in other parts of the world.”
Similarly, the risk of disruption is even higher within the pharmaceutical industry.
Read the full article published in Logistics Viewpoints.
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