Risk Management for Automotive Contract Logistics

The nexus of global pandemics

JournalIndustrie 4.0 Management
Issue Volume 37, 2021, Edition 1, Pages 17-21
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Abstract

Due to COVID-19 the production lines of the German automotive manufacturers were stopped for an average of 30 days. Even allegations of exhaust manipulation, the required structural change in the direction of electro mobility as well as stricter CO2 regulations are representatives for risks that impact automotive value chains. In order to encounter such risks in an entrepreneurial manner, cooperative, integrative and analytical skills are required, which are brought together in a mature risk management model. While automotive manufacturers and suppliers are in the scientific and public focus of such risks less attention is paid to the risk management of directly affected contract logistics service providers in this industry. In this article a risk management model for contract logistics service providers in the automotive sector is developed that leads to elaborated risk mitigation strategies. A differentiation of risks should take place on three levels by not only company-internal aspects but also network-specific (micro-level) and environment-specific (macro-level) aspects are taken into account.

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Potentials: Globalization
Solutions: Logistics