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Electrifying the Auto Supply Chain

Electrifying the Auto Supply Chain

FromAuto Supply Chain Prophets


Electrifying the Auto Supply Chain

FromAuto Supply Chain Prophets

ratings:
Length:
17 minutes
Released:
May 16, 2022
Format:
Podcast episode

Description

http://www.pauleichenberg.com (Paul Eichenberg) has his finger on the pulse of the automotive industry. With an engineering background and three decades of automotive experience, the former Vice President of Corporate and Strategic Planning at https://www.magna.com/company/company-information/magna-groups/magna-powertrain (Magna Powertrain, Inc). is now the head of his own consulting firm, which advises auto executives around the world on how to make the most of an era of disruption and the rise of electric vehicles. In eight years at Magna, Paul was responsible for three times growth and says this role put him “at the forefront of the major disruptions” taking place in the automotive industry today.
In this episode, Paul talks about the unique set of supply chain obstacles that Internal Combustion Engine (ICE) and Electric Vehicle (EV) organizations face, the unexpected speed of progress in new battery technologies, and the type of supply chain leader that the electric vehicle industry demands.
Themes discussed in this episode: 
Significant advantages that new entrants into the EV market have over traditional automakers who are entering the space. 
The challenge that the complexity of new EV technologies presents for executives in ICE organizations
How operating without historic ICE supply chain systems creates challenges for EV organizations 
Why non-automotive electronics manufacturers entering the EV market are at a disadvantage and what they can do to help bridge the gap
Why ICE and EV components are “an apples-to-oranges comparison” 
Automotive leadership for the EV age

https://auto-supply-chain.captivate.fm/24-processes-free-downlaod (At the heart of The Prophets’ vision are “The 24 Essential Supply Chain Processes.” What are they? Find out, and see the future yourself. Click here )
Featured Guest: Name: https://www.pauleichenberg.com/ (Paul Eichenberg) 
Title: Managing Director, Paul Eichenberg Consulting
What he does: Paul turns technology into growth by helping executives across North America, Europe and Asia navigate the operational, systemic and strategic issues this disruptive time in the automotive industry presents. 
Connect: https://www.linkedin.com/in/pauleichenberg/ (LinkedIn)https://www.linkedin.com/in/greg-hawver-17394220 ( )
Episode HighlightsTimestamped inflection points from the show
[1:05] Electric avenue: Paul describes his 30-year career trajectory in auto manufacturing and how it led him to the frontlines of innovation and disruption in the industry. 
[2:17] A new paradigm: Automotive executives have been conditioned to see continuous improvement as their chief management responsibility. Electrification presents them with a whole new set of challenges and complexities that most of them are unprepared for, Paul says.
[5:18] Deceptively simple: Building an electric vehicle requires only 60 percent of the manufacturing footprint of a gas-powered car. Yet EV manufacturers do not have the luxury of the business systems developed in the past few decades to support ICE vehicle production.
[6:53] ETA unknown: Paul says that forecasting vehicle release dates are a “huge problem” for EV manufacturers because they don’t have the value chains that their ICE counterparts do to make forecasting reliable.
[7:50] Joining forces: Companies like Panasonic benefit from years of automotive experience on top of their other verticals. Paul points to the collaboration between LG and automotive component manufacturer https://electrek.co/2021/03/30/electric-vehicle-spotlight-evs-magna-international/ (Magna International) as an example of players without this experience connecting to an organization in the automotive field as a way to compensate.  
[10:24] Raising the power bar: Ten years ago, the industry’s goal was less than $1000 per kilowatt hour for battery technology. Paul says progress on this is way ahead of schedule; today the goal is...
Released:
May 16, 2022
Format:
Podcast episode

Titles in the series (56)

We really can’t predict the future … because nobody can. What we can do, though, is help auto manufacturers recognize, prepare for, and profit from whatever comes next. Auto Supply Chain Prophets gives you timely and relevant insights and best practices from industry leaders.