Ai To Select The Ideal Supplier

With HTC, a major automobile manufacturer leverages AI to streamline its sourcing and procurement.

THE CLIENT

The client is an Indian subsidiary of a multinational automobile manufacturer.

THE PROBLEM

The client was facing recurrent interruptions in their manufacturing process, leading to reduced revenue accretion. The problem was recognized when engineers were confronted with supply issues pertaining to the purchase of automobile parts. Non-ideal, wrong selection of suppliers from the global suppliers’ database (GSDB) triggered deferrals in receiving the sought-after parts within the required timelines. It led to an irredeemable loss of time in the procurement stage. Build costs overshot the budget, as the parts did not arrive at the manufacturing facility on time.