Automotive logistics players have warned that their “very existence” is under threat from the shortage of microchips.
With inventories nearly at zero, factories closing without notice and a significant drop in volumes, LSPs are facing a crisis, according to the Association of European Vehicle Logistics (ECG).
Lack of visibility into manufacturing has become a serious problem, it added.
“The industry has never been so unpredictable, and planning has become impossible with supply chain …
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Source: The Loadstar