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4 Reasons Why Automotive Sector Requires Intelligent ERP Solutions for Enhanced Productivity

The automotive business globally is experiencing change, especially when this sector is preparing itself for the effect of trade wars and economic slowdown in India and China. OEMs of the automotive sector are revamping their organizational structure to come up with highly effective set-ups. The automotive sector has started prepping up for major challenges like stricter emissions regime, Industry 4.0, and the massive push towards electrification. In a time of unprecedented change, restructuring of their operations is carried out to emerge profitably. To create world-class operations to give OEMs a competitive edge, the auto sector requires a future-ready ERP solution.

Smart ERP solutions provide the following benefits to the Automotive Sector:

Integrated Manufacturing Process

With the larger manufacturing Eco-system, the manufacturing process has become integrated. Today every vehicle part manufactured can be online tracked with the help of big data and robotics so that real-time adjustments in production are made possible. The data can be traced back into the manufacturing Eco-system for tracking defects, scheduling production, inventory management, and calculate time to market response. The global supply chains have been transformed with the help of IoT and suppliers are able to track usage patterns, and can in real-time respond to changes anywhere in the business globally. ERP allows smart integration that helps OEMs collaboratively work with their worldwide supplier networks. Besides they are also able to choose the right supplier across various categories to align with the manufacturing requirements. 

Cloud-based Solutions

OEMs should invest in future-ready ERP solutions to benefit from the latest technology change and by having a bespoke solution they will be able to stay ahead of the competition. Cloud-based ERP solution in the future, as it is easier to implement and manage, as well as seamlessly integrate men, material, and machines. Thus, providing real-time access to all stakeholders without compromising on potential benefits that would be lost with multiple systems. 

Software-driven Process

OEMs are able to transform with the help of big data, as they are not just car manufacturers but also users of multiple software that are used in designing product updates, and CRM. With IT implementation, there is a change in every corner, right from factory gate to shop-floor and from dealer showrooms to aftermarket service. Besides, due to Eco-friendly compliance requirements and emission norms, trillions of data are generated that can be analyzed to create value across the manufacturing process. Thus, a highly advanced ERP solution can prove valuable for OEMs to come up with an agile and profitable manufacturing organization.

Mobile-enabled ERP Solution

With the mobile-enabled ERP solution, the human capital element is facilitated into the entire process, and even the shop floor gets integrated across finance, supply, and inventory. The ERP solutions empower employees to align with challenges coming from production, supply, invoicing, purchasing, and inventory management. The automotive sector with a mobile-enabled solution can have a real-time response to the auto manufacturing challenges.

The automotive business globally is experiencing change, especially when this sector is preparing itself for the effect of trade wars and economic slowdown in India and China. OEMs of the automotive sector are revamping their organizational structure to come up with highly effective set-ups. The automotive sector has started prepping up for major challenges like stricter emissions regime, Industry 4.0, and the massive push towards electrification. In a time of unprecedented change, restructuring of their operations is carried out to emerge profitably. To create world-class operations to give OEMs a competitive edge, the auto sector requires a future-ready ERP solution.

Smart ERP solutions provide the following benefits to the Automotive Sector:

Integrated Manufacturing Process

With the larger manufacturing Eco-system, the manufacturing process has become integrated. Today every vehicle part manufactured can be online tracked with the help of big data and robotics so that real-time adjustments in production are made possible. The data can be traced back into the manufacturing Eco-system for tracking defects, scheduling production, inventory management, and calculate time to market response. The global supply chains have been transformed with the help of IoT and suppliers are able to track usage patterns, and can in real-time respond to changes anywhere in the business globally. ERP allows smart integration that helps OEMs collaboratively work with their worldwide supplier networks. Besides they are also able to choose the right supplier across various categories to align with the manufacturing requirements. 

Cloud-based Solutions

OEMs should invest in future-ready ERP solutions to benefit from the latest technology change and by having a bespoke solution they will be able to stay ahead of the competition. Cloud-based ERP solution in the future, as it is easier to implement and manage, as well as seamlessly integrate men, material, and machines. Thus, providing real-time access to all stakeholders without compromising on potential benefits that would be lost with multiple systems. 

Software-driven Process

OEMs are able to transform with the help of big data, as they are not just car manufacturers but also users of multiple software that are used in designing product updates, and to CRM. With IT implementation, there is a change in every corner, right from factory gate to shop-floor and from dealer showrooms to aftermarket service. Besides, due to Eco-friendly compliance requirements and emission norms, trillions of data are generated that can be analyzed to create value across the manufacturing process. Thus, a highly advanced ERP solution can prove valuable for OEMs to come up with an agile and profitable manufacturing organization.

Mobile-enabled ERP Solution

With the mobile-enabled ERP solution, the human capital element is facilitated into the entire process, and even the shop-floor gets integrated across finance, supply, and inventory. The ERP solutions empower employees to align with challenges coming from production, supply, invoicing, purchasing, and inventory management. The automotive sector with a mobile-enabled solution can have a real-time response to the auto manufacturing challenges.

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