Mike Thoeny, President, Automotive, Flex, spoke to an audience of industry experts, researchers, and innovators at Automobil-Elektronik Kongress in Ludwigsburg, Germany. He discussed resilient supply chain strategies for automakers and their supplier networks in his talk “From Disruption to Distinction: Reinventing the Automotive Value Chain for Next-Gen Mobility and Supply Chain Resilience.”
The event provided a platform to explore what it will take to put the software-defined vehicle successfully on the road. Common threads across multiple presentations pointed to advances in software and AI, and the reality that nothing runs without hardware. Many called out the need for deeper co-opetition to advance common challenges for the software-defined vehicle, as no one can go it alone to deliver next-gen mobility.
Flex appreciated the opportunity to contribute our global cross-industry perspective regarding best practices to reinvent the automotive supply chain. These include regionalization to improve resiliency and sustainability; multi-sourcing to build agility to react when (not if), things go wrong; and advancing earlier and more open collaboration and co-opetition in our mobility ecosystem to speed innovation and secure supply sufficiency, especially with our semiconductor partners.
No one can go it alone to reinvent the automotive supply chain and deliver on next-generation mobility.
— Mike Thoeny, President, Automotive