The Automotive sector is in the midst of unprecedented change marked by the advancement of electric mobility, transformed supply chains, changing consumer expectations and emerging digital technologies. These shifts are calling companies to shift their gears and navigate the ever-evolving landscape and rethink their operating models. Some of the most successful automotive industries are driving operational excellence and reducing their operating costs while doubling their profits. It is interesting to note that automotive businesses are mature in digital adoption as compared to their peers in other sectors. They have progressed even further and have fast-track their value-creating trajectories.
SAP S/4HANA Imperative for the Automotive Industry
Growth is oxygen for any business to chart its future course of growth, more so if the industry is replete with challenges and intense competition. For that reason, players in the Indian automotive industry must embrace SAP S/4HANA Cloud.
This blog illustrates the winning moves for automotive players as how they can become agile and resilient today and in the coming times.
Research, Development, and Engineering
Now it is easy to get your auto spare products faster with SAP S/4HANA. It empowers suppliers and manufacturers to collaborate faster, accelerate product development, and stay compliant with stringent auto industry standards. It also helps you to –
Innovate better and provide timely resolution to customer feedback
Ensure excellence in product development
Do a well-thought market analysis
Easier to do what-if simulation to support confident and fast decision-making
Global product safety management and compliance
Everything is synchronized and integrated – from R&D and manufacturing to aftermarket services
Manufacturing and Outbound Logistics
Now it is easy to run agile and streamline production and manufacturing processes with SAP S/4HANA. You can curtail costs and gain complete visibility into the smallest detail. The software synchronized everything to enable smooth production.
- Reduce inventories
- Synchronize logistics to achieve operational excellence
- Increase customer satisfaction with streamlined processes
- Gives complete visibility into shop-floor and top-floor operations
- Supply chain integration and outbound logistics network
Supply Chain Management
To meet the demands of customers, companies must manage complex variables which comprise procurement, operations management, manufacturing, inventory, fulfillment, and logistics. Moreover, auto manufacturers and suppliers must manage and exceed customer expectations with a robust supply chain network.
- Real-time demand forecasting and planning
- Sales and operations planning (S&OP), and more
- Enterprise-wide collaboration
- Response, supply, inventory, and operations planning
- Keeps production and processes as lean as possible – while maintaining quality, sustainability, and customer satisfaction
Sales and Marketing
Create customers for life while delivering personalized and high-quality service that fosters long-term relationships with them. Gain deeper insights into vital business metrics and meet escalating customer demands at every touch point.
- Automate your entire marketing process
- Sales and marketing alignment to improve revenue and collaboration
- Smooth billing and buying experiences
- Digital automotive retailing and omnichannel sales
After Market Service
Accelerate order-to-delivery times for spare parts and services. Improve workshop efficiency as well as the productivity of dealers. Ensure repeat customers while maintaining a positive brand image with flawless after-market service.
- Omnichannel customer service management
- Order and inventory management
- Aftermarket auto parts management
- Warranty claims management
- Complaint management
- Faster response time
- Drive sales by better managing global deliveries
Auto Industry Racing Towards a New World
Automotive companies may be confronted with obstacles on the road ahead as they try to balance competing pressures in their industry and juggle many things alongside, but they are up to the challenge. The modern automotive industry is dynamic and future-ready, triggered by development in emerging market trends, accelerated rise of new technologies and changing consumer preferences. Digitization has revolutionized other industries, and automotive is no exception. In a nutshell, automotive companies need to innovate. Automotive firms are on the vanguard of a digital revolution to drive scalable growth and win market share.
It’s the time now for auto manufacturers and leading players to explore alternatives to traditional business models and invest in ready-to-run Cloud ERP and identify new revenue streams and scale new attractive business models. The good news is that leading automotive players know the criticality of digital technologies and its eminence at large.
While some business leaders are on the path of digitization now, others are fast evaluating and working together to bring dramatic changes on the way. SAP S/4HANA empowers you to keep up with changing compliance and regulations and helps in sales, inventory, and operations planning. It also helps reveal keen insights in demand, in-the-moment marketing, product lifecycle management, asset management and customer service excellence.
Uneecops can help automotive companies and leaders distinguish their brands with SAP S/4HANA Cloud. Let us connect and work together to make the entire supply chain greener – for a more sustainable industry, and a more sustainable planet.
