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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⦃param⦄ has solutions to drive collaboration and visibility for different types of business in the automotive industry, be it an OEM, Aftermarket or Suppliers.
{explore}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.
Update, validate, and confirm POs. Optimise inbound shipment orders. Collaborate better across partners to minimise stock-outs and boost agility.
Capture real-time inventory across multiple sites, generate replenishment forecasts, and refine allocation planning to better match supply with demand
Execute shipments smarter via a platform that integrates sourcing and multi-mode route planning to optimise against all service levels and constraints
Digitise and automate to support the full order lifecycle and boost customer experience. Reduce excess inventory and lower cash conversion cycle time
Actively forecast supply needs and get end-to-end visibility of your procurement process
⦃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.
⦃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.
Product offers a systematic way to establish interoperability between heterogeneous enterprises and build multi-enterprise workflow applications.
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