Stock Groups

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.”

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



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.