Challenges & Risks Facing The Automotive Industry in 2020

By 2020, global profits for automotive OEMs are expected to rise by almost 50 percent. However, there are multiple challenges that OEMs need to address if they want to secure future profitability.

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The automotive sector has gone through significant turbulence over the past few years, with a number of high profile brands being accused of picking profits over ethics and safety. This has resulted in numerous product recalls, falling of share prices and unfortunately, fatalities along the way.  However, IATF 16949 is set to unscramble the chaos and put the automotive industry back in top gear.

IATF 16949:2016 Automotive QMS

AuditComply Enterprise Risk Management platform

Our solution empowers organizations to simplify their business processes while driving compliance, reducing risk and improving performance. Within the Automotive industry, we help manage regulatory compliance demands, maximize productivity and efficiency across all levels of the supply chain. Organizations use our ERM platform to manage IATF 16949 and VDA 6.3.

Gain visibility & Control Over Your Operations

AuditComply provides a 360-degree overview across your whole supply chain, generating real-time data across multiple locations. Capture your data offline with the mobile application- reported on multiple easy-to-consume dashboards in one secure, centralized system.

Comply with automotive standards with bespoke assessment models, decision trees and a supplier module. Enable your organization to make smarter decisions and drive operational performance in the increasingly complex Automotive industry.

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