The automotive manufacturing sector continues to grow at a rapid rate despite challenges like high inventory carrying costs and lingering supply chain disruptions. In an industry with so much working capital tied up in inventory, gaining excellent visibility into what you have in stock is key.
To start, it’s important to understand your current technology stack, which will often include an enterprise resource planning system (ERP), transportation management system (TMS), and possibly a warehouse management system (WMS). These systems are complex; getting complete visibility across systems requires a visibility platform that can connect and provide a complete inventory picture.
In our new whitepaper, Visibility Technology for the Automotive Supply Chain, we answer some of the most important visibility questions on the minds of automotive supply chain executives:
Do I have to solve all my business challenges at once?
Short answer – no! Disconnected systems, ineffective data sharing, poor data quality, and unscalable approaches all contribute to automotive supply chain headaches. You don’t have to take it all on at the same time. In this white paper, you’ll learn how it’s possible to start with “low-hanging fruit” and get visibility into your most important nodes first.
What can you achieve with real-time transportation visibility?
The benefits of end-to-end, real-time transportation visibility are boundless. Discover the benefits you can unlock after choosing the right automotive visibility provider. With real-time visibility you can:
- Reduce transportation costs due to a significant reduction in demurrage and detention fees
- Experience low-to-no-freight expediting costs
- Improve working capital
- Gain happier customers that place more orders
- Boost overall operational efficiency
What should automotive companies look for in a visibility platform?
There are many companies that offer supply chain software, solutions, and tools that advertise the ability to respond to pandemic-driven supply chain disruption. But they’re not all created equal. Not all visibility vendors offer true, real-time, end-to-end transportation visibility platforms that provide the benefits you need.
Sifting through providers can be a challenge, but we’ve identified three “must have” features to include on your list:
- Return on investment (ROI) of one year or less
- Cloud-based platform
- A partner with deep experience in the automotive industry
How can you plan for the future?
Automakers are transforming their supply chain to keep up with customer demand for electric and self-driving vehicles. At the same time, manufacturers and distributors are also seeking new ways to reduce transportation-related carbon emissions. Discover how the right visibility platform can help your organization achieve its sustainability goals by providing accurate data to evaluate carriers and routes
Global supply chain disruption doesn’t have to destabilize your automotive supply chain. Download our new whitepaper to learn how to stay ahead of the curve and prepare for disruption with an end-to-end, real-time visibility platform.