Jaguar Land Rover partners with Everstream for supply chain oversight

22 Jun 2023 CW Team

JLR aimed to use AI technology to monitor its supply chain continuously, allowing them to take proactive measures in addressing potential global supply issues. The automotive industry had recently faced significant challenges due to the unprecedented global pandemic and semiconductor supply crises. Considering the ongoing struggles of the global supply chain, especially with semiconductor shortages and other disruptions, JLR's collaboration with Everstream Analytics was of utmost importance.

The system employed a combination of AI, predictive analytics, machine learning, and human expertise to identify emerging incidents such as natural disasters, strikes, data breaches, and export problems on a global map. By analysing these incidents in real time, the system would promptly alert JLR to any potential impacts on its supply chain. This enabled JLR to take timely actions to prevent disruptions that could hinder production or increase costs.

Barbara Bergmeier, the Executive Director of Industrial Operations at JLR, highlighted the significance of this collaboration in the context of their Reimagine Strategy. She explained that JLR was in the process of developing a robust digital-first industrial operations ecosystem, which included advanced technology and long-term strategic relationships. This ecosystem would provide JLR with end-to-end visibility of global shocks in an increasingly unpredictable world.

Bergmeier further commented that through their collaboration with Everstream Analytics, JLR was utilising the power of AI to proactively manage risks before they caused disruptions to production. This approach would ensure JLR's resilience and enable them to fulfill their commitments to their clients. She emphasised that this foresight would become even more critical as JLR worked on establishing a new value chain for their next-generation ultra-desirable modern luxury electric vehicles.

Julie Gerdeman, the Chief Executive Officer of Everstream Analytics, acknowledged the complexities of global value chains supporting electrified vehicles. She expressed her contentment in partnering with JLR and stated that Everstream Analytics' AI-driven supplier visibility and insights empowered JLR to proactively mitigate risks, enhance agility, and promote supply chain resilience. Gerdeman mentioned that she was proud to collaborate with JLR, a visionary leader, on their journey to drive positive, sustainable change in the automotive industry.

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Tata Motor subsidiary, Jaguar Land Rover (JLR), that it had formed a strategic partnership with Everstream Analytics, a company providing solutions for supply chain mapping and risk analytics. The purpose of this collaboration was to monitor JLR's supply chain in real time. JLR aimed to use AI technology to monitor its supply chain continuously, allowing them to take proactive measures in addressing potential global supply issues. The automotive industry had recently faced significant challenges due to the unprecedented global pandemic and semiconductor supply crises. Considering the ongoing struggles of the global supply chain, especially with semiconductor shortages and other disruptions, JLR's collaboration with Everstream Analytics was of utmost importance. The system employed a combination of AI, predictive analytics, machine learning, and human expertise to identify emerging incidents such as natural disasters, strikes, data breaches, and export problems on a global map. By analysing these incidents in real time, the system would promptly alert JLR to any potential impacts on its supply chain. This enabled JLR to take timely actions to prevent disruptions that could hinder production or increase costs. Barbara Bergmeier, the Executive Director of Industrial Operations at JLR, highlighted the significance of this collaboration in the context of their Reimagine Strategy. She explained that JLR was in the process of developing a robust digital-first industrial operations ecosystem, which included advanced technology and long-term strategic relationships. This ecosystem would provide JLR with end-to-end visibility of global shocks in an increasingly unpredictable world. Bergmeier further commented that through their collaboration with Everstream Analytics, JLR was utilising the power of AI to proactively manage risks before they caused disruptions to production. This approach would ensure JLR's resilience and enable them to fulfill their commitments to their clients. She emphasised that this foresight would become even more critical as JLR worked on establishing a new value chain for their next-generation ultra-desirable modern luxury electric vehicles. Julie Gerdeman, the Chief Executive Officer of Everstream Analytics, acknowledged the complexities of global value chains supporting electrified vehicles. She expressed her contentment in partnering with JLR and stated that Everstream Analytics' AI-driven supplier visibility and insights empowered JLR to proactively mitigate risks, enhance agility, and promote supply chain resilience. Gerdeman mentioned that she was proud to collaborate with JLR, a visionary leader, on their journey to drive positive, sustainable change in the automotive industry. Also read: Engcon Unveils Enhanced S60 Coupler for 12-19 Tonne Excavators CASE CE appoints Shalabh Chaturvedi as MD for India & SAARC