COVID-19 Forces Rethinking of Automotive Manufacturing Processes, Uetz Says
19 October 2020
Partner Ann Marie Uetz was quoted in an Automotive News article, “Did COVID poke hole in just-in-time practices?” about whether the coronavirus pandemic has prompted a reconsideration of automakers’ preference for just-in-time production practices.
Uetz said Foley’s recent survey of nearly 150 manufacturing executives found that nearly two-thirds of respondents believe the pandemic will result in a shift away from the just-in-time model and a greater use of warehousing to protect manufacturers from the disruptions still threatening to bring down supply chains and assembly plants.
According to Uetz, the emerging thinking is that a choice has to be made between continuing to operate as inexpensively as possible or taking new precautions to be more resilient – even if it means accepting added costs. “Is resiliency in the supply chain most important, or is cost more important?” she asked. “How do you weigh those against each other?”
(Subscription required.)
People
Related News
17 April 2024
In the News
Steven Barth on Allure of Take-Private Deals – 'Public markets aren’t what they’re cracked up to be'
Foley & Lardner LLP partner Steven Barth offers extensive insight on the growing trend of family-owned consumer and retail businesses aiming to go private in the Axios article, “Family-owned companies see allure in take-private deals.”
16 April 2024
In the News
Claire Marblestone Assesses Increased Scrutiny of CA Health Care Transactions
Foley & Lardner LLP partner Claire Marblestone is quoted in the Law360 article, “Struggling Hospitals Seek Mergers As Regulators Push Back.”
15 April 2024
In the News
Nathaniel Lacktman Joins Double Take by Newton Podcast to Talk Telemedicine
Foley & Lardner LLP Nathaniel Lacktman appeared on Newton Investment Management’s Double Take by Newton podcast episode “Modernizing Medicine” to discuss the health care industry’s digital evolution and the benefits of telemedicine.