This Amazing Collaboration Is Drastically Reducing Automobile Recalls [Forbes]
SAP SE ADS (SAP)
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Source: Forbes
getty Managing recalls in the automotive industry is often costly and a logistical nightmare. German car manufacturers alone set aside reserves of €1.4 to €1.8 billion per year for such cases. However, thanks to a collaboration between , significant cost savings can be achieved, and the efficiency of recalls can be drastically improved or avoided. Catena-X is a as part of the Manufacturing-X program. It enables companies along the entire supply chain to exchange data securely without giving up their data sovereignty. “Quality management is traditionally one of the areas where data exchange is associated with the greatest inhibitions,” explains Hagen Heubach, global vice president and head of Discrete Industries at SAP and a member of the Catena-X e.V. Executive Board. “Neither manufacturers nor suppliers like to talk about possible defects. Therefore, this was an obvious use case in the context of industrial data exchange with Catena-X, which also has significant financial impl
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