Automotive OEM Drives Cost Savings Through Supplier Mapping and Collaboration
Discover how a leading automotive OEM transformed its supply chain resilience and drove significant cost savings with Resilinc’s Multi-Tier Mapping and Risk Management Platform. Learn how proactive risk management and comprehensive supplier visibility enabled this industry leader to navigate disruptions and maintain a competitive edge.
Key insights:
- Significant Cost Savings: Achieved hundreds of thousands of dollars in savings on premium freight costs and $50k-$100k in annual insurance rate reductions
- Enhanced Supply Chain Visibility: Implemented Multi-Tier Mapping to identify and mitigate risks across tier-1, tier-2, and tier-3 suppliers, reducing inventory buffers by 10-15%
- Proactive Disruption Management: Leveraged EventWatchAI for early alerts on potential disruptions, ensuring swift and effective responses to maintain operational continuity during crises like the COVID-19 pandemic