Automotive / Parts

In the era of low growth in the automotive industry, the development of future technologies is a key driver

Now

 

  • Slowing global automotive demand and intensifying competition
  • Decline in profits of existing cars, increasing demand for new revenue sources (AV, EV, etc.)

Future

 

  • Increase in demand for autonomous vehicles and electric vehicles
  • Expansion of regulations for sharing economy and environmental protection by country
  • The differentiation factor is the entry of IT companies by adopting ADAS / autonomous driving technology and future technology development.

Challenge

The importance of reducing the manufacturing cost through the globalization strategy of automakers and building the supply chain by securing local demand is increasing, and the optimum ratio between domestic production and local production and operational efficiency are emerging as the core. Therefore, parts manufacturers, in line with the changing industrial paradigm, should break away from the vertically integrated structure, and need to diversify customers and increase the proportion of high value-added items and establish a win-win structure with existing automakers.

Forecast

Efficiency of supply method is reduced
through existing parts integration

Change to demand flexibility and
quick response to changing demand

Importance of accurate demand forecasting and
sales / production planning for the efficient
procurement process has emerged.

Solution

SCM

Maximizing ROI through demand-based
production planning

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MES / FA

Start for an Intelligent Factory
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BIG DATA

Quality / yield improvement through
optimization algorithm of manufacturing process

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Reference