This video will equip you with the knowledge and tools to transform products, services, and IT operations while staying competitive. We will cover key trends shaping the automotive industry and SAP's best-of-suite solutions for the automotive industry value chain.
Note
SAP employees and official SAP Partners can download the slide deck.
Lesson Summary
The presentation covered:
- Key Trends and Challenges: The automotive industry is grappling with supply chain visibility issues, cost and quality management pressures, uncertainty around future drivetrain technology, and shifting consumer demands for electric and autonomous vehicles.
- Competitive Landscape: The market is highly competitive with traditional automakers facing new entrants, particularly in the electric vehicle space, requiring them to explore new technologies, markets, or business models.
- Operational Efficiency: To remain profitable, companies must optimize operations, streamline processes, and make strategic decisions about resource allocation, which may involve tough choices about technology, markets, and organizational structure.
- Adaptability and Innovation: Success in the evolving automotive industry requires adaptability, innovation, and strategic foresight to navigate complex challenges and maintain growth.