Fortune: German automakers develop early warning sign

June 1, 2021

“Inventory became a four-letter word,” says Ambrose Conroy, founder and CEO of consultancy Seraph. “The whole JIT supply chain depends on everything running absolutely perfectly.”

With supply chains stretched to their breaking point, Germany’s carmakers are developing an early-warning system to better prepare for the next crisis, after a drought of semiconductors brought vehicle assembly lines to a screeching halt the world over.

Dubbed “Catena-X” after the Latin word for chain, this cloud-based network is designed to illuminate every corner of the industry’s vast, globe-spanning web of automotive parts suppliers in the search for stresses.

 

Data would be shared safely via a central repository that any participating firm can tap into, thanks to one common interface. By eliminating hardware and software barriers, it facilitates the flow of information from one company to another.

Continue to read the full story here on Fortune.

About Seraph 

A global enterprise consulting firm that partners with business leaders to handle their most complex problems in areas such as supply chain, operations, and manufacturing challenges while delivering long-term operational and leadership improvements. Seraph has extensive on-site industry experience in the automotive, private equity, defense, medical device, electronics, energy infrastructure, and engineering sectors. The Seraph leadership team brings vast expertise across; crisis management, mergers, acquisitions, due diligence, restructuring, turn-around services, product launches, and logistics. Our four-phase process has been proven to provide quick payback and positive ROI, which is measured throughout customer engagement. Learn more at www.seraph.com and follow Seraph on LinkedIn.

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