Automotive Customers
The automotive industry and its top supplier networks face increasing pressure to drive costs out of existing domestic and international supply chains as well as to tap new international markets and sources of supply that provide new revenue and cost savings.
Challenge
Historically, automotive manufacturers and their suppliers have relied on a push inventory model from a largely domestic supply base that resulted in excess inventory levels and costs. Pressure to reduce costs throughout the supply chain has led leading companies and their suppliers to move to a lean, collaborative inventory replenishment model that supports both domestic and international transportation modes. Efficient, lean inventory replenishment models can mean millions of dollars in savings for buyer and supplier. Effective use of international sourcing and supply chain management can mean even greater savings. This includes using trade compliance, customs clearance, foreign trade zone and preferential trade agreement programs as a strategic advantage in international sourcing, manufacturing and sales.
As supply, demand, and regulatory conditions change, corporations need a technology infrastructure that is highly flexible and can be quickly deployed to meet new challenges. The technology must be open and collaborative to include all internal divisions and external participants in the trading network including Tier 1 and Tier 2 suppliers, transportation providers, customs brokers, and financial institutions. The solution must also support any-to-any global logistics and customs processes to support ever-changing global business scenarios.
Solution
TradeBeam solutions enable the automotive industry to:
- Deploy a Web-based, collaborative, lean inventory management solution
- Utilize multiple inventory management models in a single system (pull, kanban, discrete order, etc.)
- Manage, utilize and qualify for preferential trade agreement programs (e.g. NAFTA)
- Track multimodal shipments and measure logistics performance against event plan standards
- Automatically generate documentation for domestic and international shipments
- Comply with new customs mandates for global import and export shipments
In addition, TradeBeam Global Trade Management tools reduce the pressures associated with the new and proposed filing regulations within the Container Security Initiative (CSI), Customs Trade Partnership Against Terrorism (C-TPAT) and Importers Self Assessment (ISA) designations. TradeBeam solutions also provide better visibility of sourcing options and simplify collaboration efforts across your enterprise.
