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Recently, I had the pleasure of hanging out with 16 different Tier 1 automotive manufacturers in the same evening. Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. We are deeply immersed in the era of big data.
General Motors‘ defense business arm has partnered with the University of Texas at Arlington Pulsed Power and Energy Laboratory and Naval Surface Warfare Center Philadelphia Division to assess commercial automotive batteries for potential military applications.
made essential chips utilized for artificial intelligence, communications, automotive, aerospace and defense. The company said Friday the center is intended to enhance advanced packaging, assembly and testing of GFs silicon photonics and other U.S.-made New York Advanced […]
In his new role, McLaughlin is responsible for scaling the AI and quantum business units, supporting work on large quantitative models essential to the creation of breakthrough products in biopharma, chemicals, automotive and aerospace, among other sectors, SandboxAQ said Tuesday. His appointment builds on […]
billion investment from the Department of Commerce through the CHIPS and Science Act to build and expand new manufacturing capabilities to produce more semiconductor chips for automotive, defense, aerospace, artificial intelligence, internet of things and other applications. GlobalFoundries (Nasdaq: GFS) will receive a potential $1.5
Recently, I had the pleasure of hanging out with 16 different Tier 1 automotive manufacturers in the same evening. Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. We are deeply immersed in the era of big data.
The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions.
The Biden administration on Thursday unveiled its latest initiative to bolster domestic automotive production by offering nearly $2 billion in grants to convert 11 auto manufacturing and assembly facilities that have been shuttered or are at risk of closing to build electric vehicles and related components.
Army’s Tank Automotive Command (TACOM). (MTM) entered into a subcontract agreement with a government prime contractor who had agreed to manufacture and assemble components of upgrades to various armored vehicles for the U.S.
Todd MacLeod , formerly the department manager of Tank-Automotive and Armaments Command program management at DCS , has been promoted to TACOM PM Support Division vice president and division manager at the company.
As I looked, I realized the features I love most technology and performance capabilities are not easily found together in the automotive industry. A few years back, I was in the market for a new car. Most vehicles are generations behind the electronics in our pockets when released, then rapidly outdated as time progresses.
We are delighted to have been selected for the digitization of one of the world’s leading automotive players’ procurement processes. The Group operates 120 production plants in 19 European countries and a further 10 countries in the Americas, Asia, and Africa. The Volkswagen Group sells its vehicles in 153 countries. “We
Supreme Court issued its widely anticipated decision in ZF Automotive US, Inc. In ZF Automotive , the Supreme Court held that the phrase “foreign or international tribunal” in Section 1782 refers to a “tribunal imbued with governmental authority” from one or more nations (596 U.S. On June 13, 2022, the U.S. Luxshare, Ltd. , 619 (2022).
The Biden administration has finalized a $362 million loan to help pay for a Texas automotive wiring component plant, a move intended to boost the U.S. domestic supply chain for electric vehicles.
Sustainable energy solutions company VivoPower International PLC and hydrogen technology business Future Automotive Solutions and Technologies on Thursday outlined additional terms to their proposed $1.13 billion merger, including settling the combined company's headquarters in the U.K.
Prior to the Supreme Court’s decision in ZF Automotive US, Inc. The Supreme Court’s decision in ZF Automotive removed that option. In June 2022, the Supreme Court issued its unanimous decision in ZF Automotive holding that §1782 did not apply to international commercial arbitrations. Luxshare, Ltd. , District Court Judge Brodie.
The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions. About Ivalua. About Punch Powertrain.
Potential resources include: National Institute for Automotive Service Excellence (ASE) certification programs. “These programs often focus on bridging the skills gap and ensuring that new hires are prepared to work with both traditional internal-combustion-engine vehicles and emerging technologies such as EVs.”
While I was at the Ivalua NOW event in Paris, I interviewed Cyrille Naux, Purchasing and Supply Chain Vice-President at Chassis Brakes International, a multinational manufacturer of automotive brakes and brake components.
He has 28 years of transformation experience within the automotive industry. Nicolas(48) graduated in 1995 with “Finance and Enterprise Administration” Master from Nice Sophia Antipolis University. Taid spent the last 3 years as Global Business Excellence Manager in Lease Plan in Luxembourg and Amsterdam.
Her consulting experience ranges across a variety of industries including: A&D tier 1, automotive defense, technology services, building and public sector. At PwC, Isabelle has led and delivered strategic sourcing initiatives, system engineering, procurement transformation, and digital innovation.
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored.
Hutchinson is a global leader in the design, manufacture, and sale of smart mobility solutions for a variety of markets including automotive, aerospace, defense, rail and industries. Headquartered in Paris, France, Hutchinson employs around 40,000 people across 100 sites in 25 countries. In 2022, it generated a revenue of €4.400 billion.
With over 20 years of Information Security operations experience Tony has worked and consulted in many verticals including finance, automotive, medical/healthcare, enterprise, and mobile applications.
Frédéric began his career in the automotive industry as product manager for Renault-Dacia in 1999 before being appointed in 2006 Renault program director for the Middle Range segment. He also holds an Executive Master in International Purchasing Management from ESSEC Business School (2012).
Survey participants included decision-makers in procurement in various industries, including CPG, finance, telecommunications, technology, and manufacturing/ automotive. The study began in March 2021 and was completed in August 2021. To read the full study, please visit: [link].
Ivalua’s view point in this area is that procurement has struggled to deliver value through cross functional collaboration due to some specific challenges, especially in organisations in manufacturing, automotive, defence and aerospace, where direct spend is significant and critical.
This process is common in Automotive and other manufacturing industries to ensure that selected suppliers are capable of meeting product quality requirements, and allows program managers and category managers to identify, document, and mitigate potential issues and risk with proper audit standards.
Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential. The need for organisations to move quickly to protect and grow their business is not new, but through the last decade, the risks for those who don’t have grown. .
On October 11, 2023, the Department of Justice announced a $9 million settlement with Victory Automotive Group Inc. Victory Automotive Group, Inc, et al. , VAG) to resolve allegations that it violated the False Claims Act (FCA) by knowingly providing false information in support of its Paycheck Protection Program (PPP) loan.
Supreme Court decision in ZF Automotives US Inc. 2022) (“ ZF Automotives ”). On November 15, 2023, during the 5 th annual New York Arbitration Week , White & Case LLP hosted an event covering the possibility of obtaining evidence from non-parties to an international arbitration following the 2022 U.S. Luxshare, Ltd. ,
You can’t get much further apart than automotive braking systems and cosmetics in terms of products, but actually at the heart of the sessions from Chassis Brake and L’Oréal there were some common themes. . It’s hard to do justice to such a content-packed session in a limited space and time, so do look out for more on that survey.
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored.
It has been applied for decades in certain industries, notably automotive and aerospace, and is now recognised as a priority at most organisations. I’d like to elaborate on two areas I have found to be particularly important for success, unlocking supplier-led innovation and identifying new revenue opportunities.
With over 20 years of Information Security operations experience Tony has worked and consulted in many verticals including finance, automotive, medical/healthcare, enterprise, and mobile applications.
Automotive parts leader Meritor presents a great example, having digitized the full supplier and product lifecycle to improve collaboration and accelerate the launch of new products. Leaders should ensure that collaboration supports this required depth and breadth.
But the highlight was hearing from Mark Gursky, Director of the Procurement Center of Excellence at Meritor (a $4 billion global manufacturer of automotive components). That was highlighted in a recent webinar I enjoyed, which featured my old friend and ex-colleague Jason Busch of Spend Matters as well as KPMG and Ivalua.
For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. A supply chain event can have a massive impact on operations and production quality and leave customers in the lurch, impacting customer satisfaction, revenue, and profits.
Two organizations who are already building agility and resilience through digital transformation are Chassis Breaks, a multinational manufacturer of automotive brakes and brake components, and Meritor, a manufacturer of military automobile components. Chassis Brakes and Meritor Digitally Transform with Ivalua.
Automotive parts leader Meritor presents a great example, having digitized the full supplier and product lifecycle to improve collaboration and accelerate the launch of new products.
Global automotive component supplier Meritor is a great example. Best practices are great for the majority of processes, but for the most strategic doing things differently is the way to win. This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play.
On October 11, the Department of Justice announced that Victory Automotive Group Inc. According to the Department of Justice (DOJ) press release, Victory Automotive Group Inc.’s, The settlement stems from a qui tam whistleblower lawsuit that was filed against Victory Automotive Group.
The Consultation The Government is requesting comments from interested stakeholders, including Canadian businesses operating in the automotive, critical minerals and clean technology sectors, on the following proposed policy responses. Information regarding how to submit a response is outlined below.
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