GM, as well as many other leading company, are showing that financial success requires strong supply chain risk management. The Supply chain method of shipment or way of business hasn't all ways been around in fact it rose to prominence during the late stage of…. He plowed billions of dollars into robotics projects, building robots and making plans to implement 14, more into GM factories with the help of Japanese robot maker Fujitsu-Fanuc.
The first vendor went out of business before implementation for unrelated reasons, and when the job was passed to a second company, they also failed to complete the project. Through this initiative, GM creates a transparent supply chain network by sharing current designs and blueprints for products often years in advance.
They even played out different scenarios of disrupted channels and proposed a string of mitigation strategies to obviate the effects of further risk.
But as they say, when something is too strong and too important it does have its shortcoming. It requires stressed experience from various fraternities. Gets bad PR and looses a sizeable market share, which it struggles to recover.
Unfortunately, the robots didn't work. As of April 20, 48 people were confirmed dead after strong earthquakes rocked Kyushu Island of Japan. Following the tsunami, Mr. Uncompetitive vehicles that had little going for them — took too long to build and were poorly designed and built.
Over the course of his career, Pallak has worked all around the world in both engineering and procurement and supply chain roles across multiple industries.