Automotive Logistics: Avoiding Supply Chain Disruptions with Effective Legal Planning
In an article published Friday, December 22, in Automotive Logistics, Sam Grimes, Nancy Fouad Carey and Ed Christian emphasize the importance of effective legal planning to anticipate potential financial downturn and disruptions within supply chains. The future is never certain, which is why suppliers and OEMs alike must expect the unexpected. The authors highlight that while disaster will likely strike, the aftermath may be significantly minimized through awareness and legal tools, detailing, "By planning for and negotiating these legal issues, OEMs and suppliers can minimize litigation costs and, more importantly, minimize manufacturing downtime."
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