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The Intelligent Automotive Business: The Future of Procurement

Amplifying the impact of a responsive and responsible supply chain

The automotive industry continues to be one of the fastest growing industries globally, with sales of new cars on the rise. However, consumers and governments are forcing the industry to deliver new product categories to meet the growing need for a sustainable strategy. To support all the industry changes, the modernization of procurement and supply chain functions is critical to the industry success.

To run resilient, intelligent, and forward-thinking operations, automotive companies need a procurement strategy that manages all forms of spending in ways that free resources and optimizes innovation investment. Leading industry players are benefiting from this edge by transforming seven fundamental areas of their operations:

  1. Direct materials planning; sourcing and contract management

  2. Procurement of indirect goods and services

  3. MRO and complex services spend

  4. Multi-tier supply management and automotive networks

  5. Supplier management and supply chain risk monitoring

  6. Supplier capacity management

  7. External workforce

Read this SAP Point of View report to explore these fundamentals further.

 

 

Read the report More about solutions for the automotive industry