USE CASE
Optimizing the Automotive Supply Chain through Digitalization
Navigate an ever-changing global automotive market with real-time order and shipment visibility and supplier collaboration. By achieving transparency and exchanging information on a centralized platform, reduce longer shipping times and mitigate steep freight increases.
Key Findings
$48,759
Key component shortages, particularly semiconductors, have increased delivery lead times for automotive manufacturers. Due to these delays and associated costs, the average cost of a new car has risen to $48,759.
55%
55% of manufacturing-related businesses prioritize improving supply chain visibility as a key strategy for resilience and agility in their operations. This reflects a growing recognition of the importance of transparency in logistics management.
2027-2030
Supply chain disruptions have severely impacted the automotive industry, with lead times extending to six months or more. Manual systems, legacy technologies, and a lack of supply chain visibility hinder effective collaboration with top suppliers.
The automotive industry is turning to digitalization to transform processes and address these challenges. Implementing digital solutions can result in a 5% or more improvement in on-time, in-full performance. Improved lead time accuracy and supply chain visibility lead to 10% or more improvements in inventory turns and on-time delivery. Discover how Quloi helps mitigate disruptions, enhance customer satisfaction, and optimize your overall automotive supply chain.
Transform Your Automotive Supply Chain with Visibility & Action-based Collaboration