Thursday, Jul 29th

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Automotive

The automotive industry has grown into a highly complex & globally integrated enterprise model that runs a massive chain of extended operations spread across the globe.The nature of such complex global operations as well as present day competitive, economic & demographic scenario is making the automotive companies to face challenges that include:
  • Geo specific consolidation & re-alignments
  • Excess capacity & under utilization
  • Faster time to market pressures
  • Stiffening of regulatory norms
  • Rising raw material prices that cannot be passed to consumers
  • Changing customer profiles & preferences, etc
These challenges are in turn forcing such Extended Enterprises to look for newer ways to improve efficiencies, reduce costs and increase revenues in order to survive and surpass competition.
One emerging area of strategic focus in recent times has been the strengthening of their delivery support ecosystem with few but key strategic partner relationships that can help in continuous value creation in a dynamic environment of supply and demand fluctuations . This form of collaboration between extended enterprises and their partner community is driven by net value creation for the end customer.