Why Digital Transformation Is Needed In The Auto Ancillaries Industry
The auto ancillary industry presents an interesting case for digital transformation. While it is one of the largest manufacturing sectors globally, with a combined value of $1 trillion in annual sales, it remains relatively fragmented and inefficient. In addition to the potential benefits of switching to digital practices, there are also several challenges, like the rising manufacturing cost, which can be solved by effective digital transformation. This is where Automotive ERP - ERP software made for the automotive industry helps.
This article looks at the various challenges the auto ancillaries industry faces, how digital transformation presents a solution, and how technology such as Automotive ERP can enable such businesses to transition to a digital future.
Challenges Facing The Auto Ancillaries Industry
Considering the sheer size of the auto ancillaries industry and its impact on the global economy, the sector must continue to thrive. However, in recent decades, the industry has been facing several challenges.
Source: https://www.ramco.com/blog/erp..../why-digital-transfo