BMW Execs Highlight Multifunctional Decisions for Logistics Resilience
Dr. Michael Nikolaides, BMW Group's senior vice-president of Production Network, Supply Chain Management & Logistics, recently joined Christopher Ludwig for a Red Sofa Interview at Automotive Logistics & Supply Chain Europe in Bonn, Germany. The event, ALSC Europe 2024, saw industry leaders discuss the advantages of multifunctional decisions in logistics.
Nikolaides, along with Benedikt Torka, head of Production Network, Logistics, and Supply Chain Management at BMW Group, participated in the insightful discussion. Torka emphasised three crucial factors for supply chain resilience: establishing robust production systems, embracing digitalisation and real-time data, and having capable personnel to make informed decisions.
Nikolaides delved into the benefits of cross-functional decisions in logistics for the BMW Group. He stressed that these decisions, made across different departments, enhance efficiency, reduce costs, and improve overall supply chain performance.
The ALSC Europe 2024 event in Bonn brought together industry experts like Dr. Michael Nikolaides and Benedikt Torka to share insights on multifunctional decisions in logistics. Their participation highlighted the importance of these strategies for supply chain resilience and efficiency, as emphasised by Torka's three key factors and Nikolaides' discussion on cross-functional decisions.
