Future-Proofing the Automobile Business in a Volatile Market
Businesses today have become increasingly complex with an infinite number of products and processes. To be successful, they have to change with emerging trends, gain deeper understanding into their customers, and ensure that they meet demanding regulatory norms. The automotive industry, in particular, is facing increasing pressure in recent years. As one of the most dynamic industries, the automobile sector is found lacking in responding to challenges and in seeking out new opportunities.
Businesses must deliver cost improvements year after year and meet constantly increasing flexibility requirements. Failure to meet these requirements can have adverse consequences. The industry is also experiencing pricing pressure and fierce competition. This is why auto companies need to improve flexibility within their supply chains and gain the ability to integrate, manage short delivery times, and enable just-in-time manufacturing.
Take for instance a leading automotive OEM company with almost three decades of experience fabricating auto components. The company faced challenges with poor visibility across multiple locations. It wanted to track materials, production planning and inventory across the supply chain. However, it lacked a production costing process and its business functions were isolated.
Royal Cyber assessed the client’s needs and implemented Microsoft Dynamics AX as it was the best fit for the business. The solution complies with the overall strategy and has proven to be a viable one in the long-term. An adaptable, easy-to-use enterprise software system, Dynamics AX, manages the company’s financial management, procurement, quality, inventory, sales, production, material planning and warehousing operations—all within a comprehensive application and database.
Greater business efficiency by reducing cost
As a fully integrated solution, Microsoft Dynamics AX can support these challenges, add significant value, and provide an effective and trustable IT solution to meet the requirements of this dynamic industry. It helps to drive down operational costs by helping you understand the automotive manufacturer’s needs and quickly react to them.
Microsoft Dynamics AX has been touted as a rational shift in business software. This flexible ERP platform can help the automotive industry to:
- Reduce time to market
- Increase production turnout
- Improve overall resource utilization
- Effectively link supply chains from planning to production
- Help stimulate additional revenue growth
A full range of functional capabilities
Original Equipment Manufacturers (OEMs) meet the demands of each level of suppliers. They aim to reduce costs, increase productivity, provide better quality and increase the frequency of delivery. To stay competitive, auto suppliers need to apply a more powerful and flexible system.
Microsoft Dynamics AX offers powerful functionality to help you respond quickly to clients’ and suppliers’ needs effectively and enable an efficient supply chain. Each manufacturer has a unique way of doing things and there is no standard ERP application that can meet their needs. Microsoft Dynamics AX is an exceptional application that can be customized to your business needs. You can choose the functionality you desire in modules such as:
- Manufacturing
- Distribution
- Supply chain
- Financial management
- Customer relationship management
Invest in Microsoft Dynamics AX technology, to put your business in a better position to face market fluctuations, scale to your customer requirements, and continually improve your products and services.
Royal Cyber delivers integrated ERP solutions for the automotive industry with customized solutions and services. To learn more about this powerful solution and how we can help you, contact us at info@royalcyber.com or visit www.royalcyber.com.
