What breakthroughs do data-driven approaches bring to your supply chain?

What breakthroughs do data-driven approaches bring to your supply chain?

In 2024, embracing a data-driven strategy is more crucial than ever. A major automotive leader tackled significant visibility gaps within its supply chain, which were causing roughly $22 million in lost car sales each week.

?? Strategy Implemented:

  • Installed 5000 sensors across primary tools.
  • Enabled real-time monitoring of production processes.
  • Enhanced capacity management and risk mitigation.
  • Advanced supplier benchmarking and lifecycle predictions.

?? Results:

  • Achieved substantial cost savings and operational efficiencies, with direct cost savings of nearly $8 million and total benefits approximating $65 million.

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