Economy
April 30, 2021
CRU: The Challenges of Managing Critical Materials Supply Chains
Written by Alex Laugharne
By CRU Consulting CEO Rebecca Gordon and Principal Consultant Alex Laugharne
The increasing momentum behind transportation electrification is driving new supply chains to evolve rapidly. Historically, long and lean automotive supply chains led to cost efficiencies. The challenges of developing entirely new suppliers and embedding sustainability objectives mean: working with many completely new suppliers who are building new regional production facilities; building out full value chains so local materials can be processed in the region; and combatting the Chinese head start in developing their own resilient and local EV supply chains.
