The automotive industry has undergone a profound transformation in recent years, largely propelled by the rise of electric vehicles (EVs) and sustainable solutions, driven by the imperative to meet stringent emissions regulations and address environmental concerns. Processes such as logistics, procurement, and stock optimization have undergone significant refinement to adapt to these changes. At AEACGi, we specialize in assisting clients within this dynamic industry to overcome prominent challenges and discover innovative solutions that prioritize sustainability while also driving profitability.
Industry Challenge
The automotive industry has encountered significant disruptors, ranging from electric vehicles (EVs) to self-driving technology, fundamentally altering the traditional product model. However, despite advancements brought about by Industry 5.0, the sector faces formidable obstacles in production, research and development (R&D), and supply chain management to name a few. Inefficient procurement processes and limited stock visibility exacerbate challenges, leading to excess inventory and critical parts stockouts. While Industry 5.0 promises radical improvements, it also introduces its own set of challenges for the automotive industry to navigate.