BMW Exec: Resilient Systems, Digitalization, and People Key to Supply Chain Success
Dr. Michael Nikolaides, senior vice-president of Production Network, Supply Chain Management & Logistics at BMW Group, recently shared insights on supply chain resilience at the Automotive Logistics & Supply Chain Europe conference in Bonn, Germany.
The event, held from 19-21 March at the Kameha Grand Bonn, featured a Red Sofa Interview with Nikolaides. During the interview, he discussed the benefits of cross-functional decisions in logistics with Christopher Ludwig, Chief Content Officer, Automotive Logistics.
Nikolaides highlighted three key factors for supply chain resilience. Firstly, setting up resilient production systems ensures flexibility in the face of disruptions. Secondly, digitalisation and real-time data enable swift decision-making and improved visibility. Lastly, having the right people in place for decision-making is crucial for effective supply chain management.
Dr. Michael Nikolaides' insights into supply chain resilience provide valuable guidance for the automotive industry. His emphasis on resilient systems, digitalisation, and competent personnel can help companies navigate future challenges and maintain robust supply chains.
