
Industry is once again facing more frequent material shortages
According to the ifo Institute, material shortages in the industrial sector worsened in June. The chemical, electronics, and electrical industries have been particularly hard hit.

Production sites and supply chains
Airbus has completed the acquisition of several industrial sites from Spirit AeroSystems. The move concerns central production activities for the Group's commercial aircraft programs.
Companies need to react as quickly as possible to unforeseen events. It is therefore important to make supply chains more resilient in advance. AI-based software solutions are therefore becoming increasingly important for risk management.

The world is turning ever faster and procurement processes are becoming ever more
more complex. High process costs are a problem for purchasing managers and the call for digital and automated solutions is getting louder and louder. In this interview, Ralf Bühler, CEO of Conrad Electronic, talks about the options available and other future issues facing the industry.

A global ABB survey shows an increasing trend among German and European companies to relocate their business to their home country or nearby (reshoring/nearshoring). In this way, they want to make their supply chains more resilient.

Supply bottlenecks have been a major problem for the economy since the start of the pandemic. The war in Ukraine and the resulting energy crisis have further exacerbated the situation. However, there are ways and means of preparing for difficulties with the supply chain. A networked supply chain that can be tracked in real time is considered particularly promising.

Once the Supply Chain Due Diligence Act (LkSG) comes into force, companies will have to prove that their direct suppliers comply with internationally applicable CSR and environmental standards and take immediate action in the event of violations by 2023 at the latest.

... is the paradox of the fading coronavirus pandemic. The global economy wants to grow again.

The mechanical and plant engineering industry in Germany is suffering increasingly from material shortages.
The cross-plant and cross-company implementation of a digital supply chain and business intelligence solution can be demonstrated using a real-life case study in the European automotive supply industry.
Integrating additive production
In order to reduce dependency on supply chains, many manufacturing companies are considering switching parts of their production to additive manufacturing or using it as a supplementary technology if problems arise in conventional supply.