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Sharing data with stakeholders key to reduce supply chain disruptions, Renault exec says -Breaking

© Reuters. FILE PHOTO – The Renault logo is displayed at a Paris dealership on August 15, 2021. REUTERS/Sarah Meyssonnier

MILAN (Reuters – The automakers can share a lot data with logistic partners, suppliers and government to reduce disruptions in supply chains. Renault (PA) Jean Francois Salles, VP Supply Chain for the alliance group said Thursday.

Salles stated that the combination of climate mandates, disruptions after the COVID pandemic and transition to electric mobility made supply management difficult for Renault and other carmakers.

“We must expect more frequent, more prolonged adverse events, and industry needs to adjust to that,” he stated. We need to streamline processes and improve operation.

Salles suggested that data sharing with stakeholders is a great way to prevent disruptions.

He said, “Officially not all data can be shared but there are many data we can share.”

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.