QAD ERP for Automotive Industry

Challenges of Automotive Industry

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  Supply Chain Disruptions: This is mainly due to a shortage of raw materials and the fact that the market demand is high. In the automotive industry the most serious supply chain problems will occur. These challenges may lead to a backlog of materials and an increase in costs. So, it is necessary to enhance visibility and flexibility.

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  Regulatory Compliance: The company must ensure that it maintains product safety, energy savings, and ensuring that data privacy is upheld. The companies should comply to the regulations, or they may be subjected to penalties.

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  Technology Change: Traditional manufacturers have been challenged with the problems arising from the need to switch to electric vehicles and autonomous vehicles. It is a high-cost project upgrading old technology to new.