Skip to Content

2023 supply chain outlook: Buckle in for more hardships and more partnerships

January 23, 2023 Article 5 min read
Mark Barrott
Supply chain relief will remain elusive in 2023. In Automotive News, Mark Barrott shares ramifications for automotive suppliers and OEMs, offering tips and insights to help them take production and supply chain matters into their own hands.
Two factory workers checking off a task list.The truth is that demand exceeds supply in the automotive industry right now, and inflation, while slowing, remains above targets. Furthermore, no massive new suppliers are on the immediate horizon for hard-to-procure components like semiconductors, rare metals, or other battery elements. 

Therefore, most indicators point to 2023 being another year of automotive supply chain problems. The most noteworthy aspect of the situation is how suppliers and OEMs plan to address the ongoing challenge. Namely, by accelerating the establishment of their own production and supply chains — but only for certain elements of the value chain.

Finished reading?

The future of mobility is here, and it's time to rethink your business model and adopt new strategies. Contact our future mobility experts.

Related Thinking

Two business professionals looking at their tablet computer in a manufacturing facility.
March 8, 2023

Top five supply chain issues, ranked

Article 7 min read
Electric vehicles at battery charging station.
December 21, 2022

Electrification of the auto supply chain requires new business case evaluation: Suppliers share strategies

Article 6 min read
Automotive factory workers quality checking vehicle.
October 26, 2022

Auto supplier impacts: Transformation in the North American market

Article 5 min read