Four Key ERP Insights for Automotive Suppliers

The resurgence of the automotive industry is not forthcoming, imminent, or “just around the corner.” It is, in fact, already well underway. Worldwide vehicle sales are returning to a record-setting pace, and businesses that supply parts, components, and subassemblies to original equipment manufacturers (OEMs) must act quickly to respond to new opportunities – and new challenges. Here are four key insights about today’s auto industry that suppliers should consider, along with key strategic decisions they will need to make as they adapt or upgrade their enterprise resource planning (ERP) systems to keep pace with today’s demands – and prepare for tomorrow’s.