‘Stop enabling poor-performing suppliers’ — SourceDay CEO

The only constant in supply chains is change, according to Tom Kieley, CEO and co-founder of SourceDay.

“Supply chain volatility is ever present, and unfortunate occurrences like COVID-19 and natural disasters and other events just exacerbate change into higher volatility,” Kieley told FreightWaves Chief Strategy Officer JT Engstrom during FreightWaves’ North American Supply Chain Summit on Tuesday. The topic was “Managing Buyer and Supplier Relationships.” 

FreightWaves’ JT Engstrom and...

https://s29755.pcdn.co/news/stop-enabling-poor-performing-suppliers

Major truck suppliers bank on electrification in COVID-19 triage

Dana Meritor illustration

Two major trucking suppliers reported lower sales for the first three months of the year as expected Thursday, but even facing a business slowdown of uncertain length, they continue to spend on electrification programs that could eventually transform the industry.

Meritor Inc. (NYSE: MTOR) and Dana Inc. (NYSE: DAN) suggested battery-electric efforts for major customers are untouchable as they navigate the COVID-19 pandemic that has shuttered their facilities and left them scrambling to conserve...

https://www.freightwaves.com/news/major-truck-suppliers-bank-on-electrification-in-covid-19-triage