Automotive

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Automotive

The Automotive Industry

Today’s Automotive Industry and Automotive Supply space are at an inflection point or past one. Like many industries in the 21st-century change is occurring rapidly. Autonomous Mobility, Software Defined Vehicles, and the Automobile as the edge of the network are just some of the changes taking place. Supply Chain Disruptions and new processes for Manufacturing and Product Engineering are also reshaping the landscape.  In short, there is a lot to keep up with.

The Automotive Industry and Valenta

automotive-industry

While the large automotive companies have access to expensive consulting services and digital transformation firms the midsized businesses and Automotive Suppliers in this space that we serve, look to Valenta to fill these requirements. Valenta brings flexible engagements with an ROI for every project to our clients. We also provide economical managed services for digital transformation and staff augmentation options to our clients in this space.  Midsized Automotive Suppliers are affected by all the same challenges and changes affecting the large Automotive companies. They deserve the same types of services to address those challenges, and we are here for that. 

Top Challenges for the Automotive Industry

Based on our experience and conversations with clients.

Below are the top challenges faced by todays Automotive and Automotive Supply industries. Valenta can assist with all of these challenges through a combination of Process Consulting, Digital Transformation and Staff Augmentation :

top-challenges-automotive-sector
  • Supply chain issues and parts shortages
  • Cost reduction
  • Margin pressure
  • Increased Competition
  • Globalization
  • Keeping up with technology
  • Environmental regulations
  • Smart and connected vehicles
  • Electric vehicles
  • Autonomous driving
  • Staffing and Employee Retention
  • Process Improvement

How Valenta Can Assist the Automotive Industry

Valenta can help Automotive Industry companies better deal with the macro changes taking place in their industry. The move to hybrid and electric vehicles, plus the push for autonomous driving and connected cars, requires strategic thinking and the most valuable people in the business focused on change and challenges. Valenta can help by making all the back office tasks and functions, plus supply and logistics, and customer and vendor engagements as efficient as possible. Valenta can help drive improved bottom line results so that the maximum level of capital can be allocated to new product and service development.

Valenta can assist Automotive and Automotive Supply companies in the following ways.

Process

Process

Automotive and Automotive Supply companies cannot afford to waste time or have inefficiencies in their organizations. We look for waste in all processes and have staff available for process mapping, task mapping and business optimization.

Repeatability, Execution

Execution

Excellence in execution is essential. Great ideas and goals is only the beginning. Successfully implementing new strategies, projects, and plans is the difference between success and failure. We help our Automotive and Automotive Supply clients flawlessly execute.

innovation

Innovation

Innovation is a key to success for all businesses. Competition, customers, and the business environment are always changing. Innovation is how Automotive and Automotive Supply companies can stay ahead of the competition and be where their customers will be. We help our clients in this space to be nimble and stay ahead of the curve.

strategy

Strategy

Developing and executing the right growth strategies is critical. Our Automotive and Automotive Supply clients benefit from bringing in our expertise for hire. We can provide actionable strategies for our client companies plus detailed plans for how to get desired outcomes and results.

Digital-Transformation

Digital Transformation

There is a growing need for Automotive and Automotive Supply companies to automate and adapt to new technologies and ways of doing business. Yet having these skill sets in-house can be challenging. Valenta implements solutions such as RPA and Conversational-AI for businesses of all sizes at competitive pricing.

Growth

Growth

In today’s environment, a business grows or dies. One of the most painful challenges is sustainable and profitable growth. Our team of partners, consultants, developers, and back office staff can implement a myriad of growth strategies for Automotive and Automotive Supply clients. 

Profits

Profits

The bottom line is crucial. Profits power innovation and both are key for our Automotive and Automotive Supply clients. Valenta can identify opportunities for efficiency gains and can provide ROIs for all client projects. 

Support, Staff

Staffing

If current Automotive and Automotive Supply employees are under-skilled or not able to fulfill the requirements of positions, Valenta’s team of educated and fully trained individuals can fill the requirements. Hiring is time-consuming and there are not always skills available within budget.  Staff Augmentation can bridge the gap between requirements and economics.

Services Valenta Provides for Automotive Industry and Automotive Supply Companies

Consulting

Consulting

An end-to-end solution, from strategy to implementation. Specializing in turning strategies into measurable and sustainable results.

Valenta provides Consulting services that can be of great value to the Automotive Industry and Automotive Suppliers. We can assist companies in this space streamline their back office, supply chains, order entry, billing, customer support, accounting, finance and HR processes for peak efficiency and the lowest cost. Savings generated can be devoted to R&D and help fund projects in this rapidly changing space. Valenta can also look for ways to use AI and ML in product and service development and design.

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Digital-Transformation

Digital Transformation

Streamline workflows and improve productivity across business units. Implementing powerful tools to provide businesses with an unparalleled competitive edge.

Valenta Digital Transformation services can streamline back-office processes by leveraging RPA and Conversational AI. These same tools can be leveraged for customer and vendor engagement and supply and logistics. ML and AI can also be deployed as a service for product and service research, design and testing. All Valenta services are offered in a flexible managed service model and are easy to scale up and ramp down. All of this can be of great value to the Automotive Industry and Automotive Supplier Space.

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Support, Staff

Staff Augmentation

Focus on growing your business, let us take care of the rest and save up to 60% on staffing costs.

Automotive Industry and Automotive Suppliers can also benefit from Valenta Staff Augmentation services. Hard-to-fill CAD roles can be supplied as well as Business Intelligence Analysts and Big Data Specialists. Back office roles can be filled quickly and cost-effectively so that the maximum amount of resources can be dedicated to the highest-value engineering roles needed to design products and solutions for the Automotive industry.

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Heat Maps for Automotive Industry Processes

Many processes lend themselves to automation in the Automotive Industry and the Automotive Supply space.  Please find the following Heat Maps highlighting Supply Chain and Customer Support areas that are the best places to start with automation and digital transformation.

Supply Chain Management

Customer Support

Automation and the Automotive Industry

freight moving

The automotive sector is one of the busiest sectors globally due to the ever-growing demand which makes it extremely challenging and competitive. It makes absolute sense to deploy Robotic Process Automation (RPA) to be efficient and compete effectively. While automobile manufacturers and suppliers have been using physical robots in their assembly lines, and other highly advanced technologies, they have not been at the forefront when it comes to implementing software BOTS or RPA in other business functions.  Likewise, automotive dealers and suppliers have not yet fully embarked on the RPA journey.  At Valenta we can help with all of this and assist all these players in the space. 

While DMS (Dealer Management Systems) have been around for some time, they have not necessarily automated functions and still require human intervention even for the most basic data entry tasks.  This is where RPA can be deployed to increase efficiencies and productivity across the supply chain.  While several horizontal business functions such as Finance and Accounting, HR, IT, administration and procurement can be easily automated, other operation areas such as inventory tracking, automating customer document requests, logging vehicle service reports, digitizing documents also have huge automation potential.  These are all time consuming, rules-based activities which when completed with RPA can not only save time and costs but also improve customer experience and overall satisfaction.

How can the Automotive and Automotive Supply Industry Leverage Automation?

Production Phase Examples

  • BOM Reconciliation
  • Supply Chain Management
  • Inventory Management
  • In Process Quality Management
  • PPAP Management
  • Machine Health Monitoring
  • Predictive Maintenance

After Sales Phase Examples

  • Customer Contact and Service Management
  • Warranty Management
  • Insurance Assist and Management

The below table demonstrates how AI will be leveraged in the automotive space thru 2030.

Insights for the Automotive Industry

White Paper
How Can Midsized Companies Benefit from Staff Augmentation

White Paper
How Can Midsized Companies Benefit from Digital Transformation

White Paper
How Can SMB’s benefit from
Consulting services

White Paper
Top Conversational AI Use Cases Valenta & OneReach.ai

Find a Partner

Automotive companies can benefit from Valenta services.  We have partners and staff onboard who understand this sector and who have experience in it. Everything we do at Valenta is about helping companies focus on and have time for what they do best and their core mission.  We do this through process consulting, digital transformation, the automation of tasks, and by providing staff augmentation. Valenta is focused exclusively on SMB clients, typically enterprise customers with 10-1,000 employees.  We have Managing Partners located in cities across the US, Canada, the UK, the EU, and Australia. Our Managing Partners work with other onshore consultants, plus offshore consultants, developers, and managers of outsourced staff to deliver the best services to our clients. Please reach out here to locate a Managing Partner in your area.

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