Automotive Industry is all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. The industry’s principal products are passenger automobiles and light trucks, including pickups, vans, and sport utility vehicles. Commercial vehicles (i.e., delivery trucks and large transport trucks, often called semis), though important to the industry, are secondary. The design of modern automotive vehicles is discussed in the articles automobile, truck, bus, and motorcycle; automotive engines are described as gasoline engines and diesel engines.
The Automotive Industry has been at the epicenter of each major industrial revolution with various revolutionary phases and innovations affecting its core activities. Originally introduced as a labor-intensive industry, the automotive industry gradually evolved through technological breakthroughs and the industrialization of the main production processes as one of the most technology-sensitive industries. In turn, industrialization gave its place to automation and now, in the face of the Fourth Industrial Revolution (Industry 4.0), carmakers have already introduced robotics, additive manufacturing, the Internet of Things (IoT) & various other related technologies in their core activities with the end-to-end digitization of value chain widely considered as the future of the industry.
Enterprise Resource Planning software in the Automotive Industry can overcome every industrial challenge pertaining to customer relations and services, inventory management high-quality product delivery, on-time shipping, marketing, or labor inefficiencies. In short, ERP software in the automotive industry help in achieving the company's goal and redefining its strategies aiming for better development and production. The comprehensive set of features of ERP in the automotive industry help in tracing and analyzing every departmental function, initiating better control of actions leading to more productivity and efficiency. One of the major challenge any automotive industry face today is the stiff competition and constantly developing market that often pressurizes in bringing life to innovative products, reduce operational costs, come up with environmentally friendly options, and so on. With the help of an ERP implementation, an ERP system can adequately and efficiently synchronize various business production processes pertaining to different stages. An ERP in the automotive industry also helps transact adequate information realm across different business departments.
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