| Automotive Industry Overview | |
The Automotive Industry in India is estimated to be a 145 billion dollars segment in the year 2016 and will contribute to
about 10% of India’s GDP. On the other hand, the global auto component outsourcing market is expected to be worth around 700 billion dollars by 2015. |
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| Key Challenges of the Automotive Industry | |
| Access to reliable business information | |
| Deployment time | |
| WIP Tracking | |
| High capital investment is required | |
| Lack of infrastructure and knowledge | |
| Solutions by Ramco OnDemand ERP | |
It streamlines and integrates multiple functions and systems into one solution and gives total visibility and control of operations. The solution can integrate the firm’s production facilities with the other constituents of the supply chain, so the real-time accurate information on the inventory, production schedule and materials is available as and when required to meet their delivery schedules. The inventory in the work-in-progress stage can be tracked more efficiently. Hence a system run MRP plans the productionschedules based on the inventory and the lead times involved. The application gets implemented within a week hence companies can now benefit with shorter implementation time. The investment that is required for the hardware, software, the people and practically everything that goes with the softwareis taken care of by Ramco. Ramco OnDemand ERP is web enabled, the user can access information from anywhere in the world and be in control of the business. |
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