ArcelorMittal Introducing Multi-Part integrated EV-BIW Solutions

January 19, 2023

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Automotive OEM Profit Margins Continue to Exceed Those of their Suppliers, but the Gap is Shrinking
Automakers’ profit margins were nearly 3 percentage points higher than suppliers’ in Q3 2022, according to a study from Bain & Co.  “For two decades leading up to 2019, automotive suppliers’ EBIT margins were on average 1 to 2 percentage points higher than those of OEMs,” the report notes. “Then came massive supply-chain disruptions with the Covid-19 pandemic and global chip shortage, plus higher raw-material and energy prices, and now rising borrowing costs and wage bills due to inflation. Automotive OEMs were able to ride out the supply shortage by focusing production on the highest-margin models and raising prices, but suppliers had no such strategic options.

“Nevertheless, the margin gap between OEMs and suppliers shrank in the third quarter,” the report continues. “It marked the third straight quarterly margin decline for OEMs.”
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Qualification Process When Using Sustainable Metal Powders for AM in a Production Environment
Sustainability and recycling have been grabbing headlines not only in conventional manufacturing but also in additive manufacturing (AM). During a free 6K webinar hosted by 3D Metal Printing and powered by MetalForming, on February 16, learn from Dr. Behrang Poorganji, vice president of materials technology at Morf3D, the specific requirements that metal-AM players, including OEMs, are looking for to satisfy demanding applications and sustainability initiatives.
Blockchain Market to Surge—How to Prepare
The blockchain market is predicted to explode--from $4.9 billion in 2021 to $67.4 billion by 2026, providing companies up and down the supply chain with a “shared digital ledger…creating a single source of truth across a supply-chain network that lets all participants view and securely validate transactions.”

So notes this informative article from Plante Moran, delving into topics such as:
  • Smart contracts—“They remove any uncertainty about which version of a contract the parties are held to,” the article reads; “reduce delays caused by payment approval hierarchy; eliminate processing times for orders and payments; and automatically create a comprehensive audit trail.”
  • Inventory traceability—"By collecting temperature, location and other vital data along the supply chain, traceability, quality control and early detection of problems all improve.”
  • Data protection—"Private blockchain addresses (data security) concerns by restricting records to a defined group, such as primary members in a specific supply chain or industry. Traditional security methods, such as access control lists, user rights or data encryption, protect the data.”
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