Interior of a Tesla 3 dashboard. In the long term, many automakers have opted to take control of more aspects of their supply chain, such as Tesla, which purchased a graphite processing plant to ensure their supply. (Photo: TierneyMJ/Shutterstock.com)

Few industries have felt the supply-chain-induced inflation more than the auto industry, and many analysts are warning that relief may still be months, if not more than a year away.

Automakers pioneered just-in-time inventories decades ago. When they work, those systems drive down costs and optimize resources across the supply chain.


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