While a car was once just a form of transportation, today it is an experience. The marriage of metal, machinery, and technology—combined with the challenges presented by the move to electrification, a global pandemic, and ongoing supply chain disruptions—has increased the complexity and volatility in automotive manufacturing. Now more than ever, the automotive industry needs real-time visibility into supply chain processes from Tier 1 through Tier N suppliers.
To address this need, today we are announcing the availability of the Oracle Platform for Automotive Suppliers. The cloud platform, comprised of Oracle Fusion Cloud Applications, Oracle Cloud Infrastructure, Oracle Analytics, and ISV partner solutions, enables automotive suppliers and high-tech and industrial manufacturers to accelerate development of new products, supports automotive compliance, and helps increase manufacturing and supply chain efficiency.
“As the automotive industry radically transforms, we believe automotive suppliers must strengthen their collaboration with OEMs, so they can innovate faster and develop a more resilient, nimble supply chain,” said Tom Comstock, principal analyst, LNS Research. “Adopting cloud technologies will be a critical foundation for multi-enterprise collaboration to drive industry growth and innovation. In this regard, Oracle’s sustained investments in building a comprehensive cloud platform, as well as industry-specific solutions such as the Oracle Platform for Automotive Suppliers, represent important steps in addressing this need.”
Through the comprehensive capabilities of Oracle Cloud and integrations for solutions from ISV partners KanbanBOX, ANARK, RF-SMART, and TrueCommerce DiCentral, the platform will enable automotive suppliers and high-tech and industrial manufacturers to quickly adjust to new business models and meet the current manufacturing demand fueled by the rise of electric vehicles. The platform supports Kanban-based materials management, 3D-work instructions, mobility barcoding, and release accounting/cumulative management. It will help customers meet OEM requirements and enhance compliance with automotive industry mandates and standards.
“With the automotive sector involved in a rapid evolution of expectations at demand side and strong instability at supply side, manufacturers and suppliers need to quickly evolve processes to support the new industry requirements and meet customer demand,” said Stefano Mariani, head of IT, Alcar Ruote SA. “With Oracle Fusion Cloud Supply Chain and Manufacturing applications, Oracle Fusion Cloud IoT Intelligent Applications, and embedded AI capabilities, we have been able to use real-time data to streamline our production operations and automate order-fill processes. As a result, we have the information systems to keep pace with a rapidly evolving market and deliver the high-quality products our customers have come to expect.” Alcar Ruote SA is a leading manufacturer of steel and alloy wheels for the European market.
By integrating ISV partner solutions with Oracle Cloud, companies can:
By bringing together leading technologies, including Oracle Fusion Cloud Applications and Oracle Fusion Cloud Internet of Things (IoT) Intelligent Applications, the Oracle Platform for Automotive Suppliers is helping the industry drive needed innovation. With built-in machine learning and AI, the integrated suite of applications helps automotive suppliers better manage production operations and get real-time data that can be used to optimally plan, execute, deliver orders on-time, and adapt products and services to drive new business models.
As the automotive sector continues to undergo this monumental transformation amidst a volatile market landscape, it’s time for them to rethink their operations. As seen with the recent microchip shortage alone, an over-reliance on key suppliers can disrupt the entire manufacturing and go-to-market process. With the combination of Oracle Cloud and our ISV partner solutions, we are enabling automotive suppliers, industrial manufacturers, and high-tech industries to navigate these disruptions and make more strategic, data-driven decisions to create opportunities for sustainable growth.
For additional information on the Oracle Platform for Automotive Suppliers, please visit: https://www.oracle.com/industries/automotive/platform-automotive-suppliers/