Automotive

Industry

⦃param⦄ has solutions to drive collaboration and visibility for different types of business in the automotive industry, be it an OEM, Aftermarket or Suppliers.

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Capabilities

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Sophisticated data management, tracking and tracing of goods and services for the stakeholders in a multi-tier supply chain. Ensuring reliability and security with a decentralised database. Tight alignment throughout the production process, among hundreds of suppliers and thousands of parts, helps companies collaborate to meet customer demand. Better communication results in fewer errors and delays.

Supplier Coordination

Update, validate, and confirm POs. Optimise inbound shipment orders. Collaborate better across partners to minimise stock-outs and boost agility.

Optimise Network Inventory

Capture real-time inventory across multiple sites, generate replenishment forecasts, and refine allocation planning to better match supply with demand

Streamline Transportation

Execute shipments smarter via a platform that integrates sourcing and multi-mode route planning to optimise against all service levels and constraints

Quality Check and Returns

Digitise and automate to support the full order lifecycle and boost customer experience. Reduce excess inventory and lower cash conversion cycle time

Product

Integrated Single View

Get real-time drop schedule sharing, production status tracking, and dispatch updates. This ensures seamless collaboration among stakeholders, optimising production planning and minimising Delays

Product

Demand Forecasting

Accurate predictive analytics to anticipate demand fluctuations,ensuring optimised production and inventory management.

Platform

Data Engine

Integrating with your ERP for multi-source visibility reduces inventory, boosts planner productivity, and highlights systemic issues like lead time mismatches and past-due orders that hinder supplier communication.

Customer

Success

⦃param⦄ enables a connected end-to-end automotive supply chain that synchronises data, people and processes across the network. Everyone is united around a single source of truth, and functional heads across the organisation can make confident decisions that advance the business’s interests.

90 days reduction in payment cycle to Carriers

⦃param⦄ helped a global leader in automotive engineering to improve relationships with logistics service providers by reducing the payment cycle by 90 days with automated invoice processing for completed freight orders. The system captured ePoD (electronic Proof of Delivery) and other details to trigger a smart contract that accurately estimates freight costs and shares draft invoices with 150+ transporters across the country.

10 November 2022
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Product  offers  a  systematic  way to establish interoperability between heterogeneous enterprises and build multi-enterprise  workflow applications.

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