Critical Parts Tracking Whitepaper

Manufacturer gains need-to-know insights to minimize disruption and improve productivity Mitigate risk with real-time, end-to-end visibility on sales, inventory and distribution for optimized operations Actionable Insights. Instantly. Anywhere Automated and Conversational Critical Parts Actionable AI Tracking Insights On-Time Production Insurance With The Power of AI A prominent Automobile OEM managing 40 facilities across the globe, manufacturing & selling ~450,000 commercial vehicles needed to gain better visibility on sales, inventory and distribution to understand unavailability of critical parts and supplier delays. One of the biggest challenges in highly dynamic supply chain environments is the threat of potential supply disruption. According to MHI-Deloitte research that surveyed 1000 organizations, 74% of the leaders have expressed shortages and supply chain disruptions as an extreme to very extreme risk. The client had developed a manual process for assessing materials risk against short-term production plans (7 to 14 days). The process proved quite effective and soon became the vital input for planning and controlling the entire production. A primary component of the organization’s planning was based on the inputs of a report called “Critical Parts Summary”. The dependency was so high on the report that the entire SCM and production team would struggle to smoothly execute plans in absence of the report. It also required a well crafted input/output process for smooth functioning and collaboration among the various users. www.conversight.ai 1