BMW Bolsters Supply Chain Resilience with Local Production Focus
BMW is bolstering its supply chain resilience with a focus on local production and robust planning. Dr. Ulrich Wieland, vice president of production control, logistics, and material control, discusses the company's approach to ensuring a robust supply chain.
BMW has identified seven core principles for supply chain resilience. These include product viability, localisation, scenario planning, operational excellence, data transparency, data-informed decision-making, and effective communication and collaboration.
The company advocates for scenario planning that considers different premises to ensure system robustness. This involves close collaboration with strategy and controlling departments to optimize forecasting and forward planning. BMW uses data insights to inform decisions and avoid overreactions during volatile times. Operational excellence and data transparency are crucial, with data security and cybersecurity being vital.
BMW believes localisation should be considered during the product development phase to influence the supply chain. The company prioritises local production and supply chains in main markets for robustness. Effective communication and collaboration with supply chain partners are essential for success. BMW's inbound logistics priorities align with the findings of the 'Automotive Inbound Logistics Survey 2025', and the Spartanburg plant is preparing for the production of battery electric vehicles alongside ICE vehicles.
BMW's approach to supply chain resilience involves a multi-faceted strategy that prioritises localisation, robust planning, operational excellence, and effective communication. The company's commitment to these principles ensures a resilient supply chain that can adapt to volatile market conditions.
Read also:
- Electric-powered vessels take to the waters of Maine
- Plant-Based Dog Foods Significantly Reduce Environmental Impact
- Elon Musk accused by Sam Altman of exploiting X for personal gain
- Comparing the value of top electric scooters: Kinetic DX versus Bajaj Chetak versus TVS iQube - Which one offers the best bang for the buck?
