Supplier & Procurement Cost Optimisation in the Automotive Industry
The automotive industry is one of the most important economic sectors in the world in terms of revenue.
Due to the tight margins of this sector, the automotive industry is pioneering in the sector of expense and supplier management.
Cost transparency is becoming increasingly important within the automotive industry, particularly amongst consumers, so having visibility of your own internal costs and work flow is hugely important.
As consumer behaviour evolves, more activity is driven online as buyers can get complete end to end cost of ownership data from a variety of sources. As a result, competition within the automotive industry continues to grow, so it’s more important than ever to make sure your business is operating efficiently, not to mention having the resources to invest in the future growth of your organisation.
This is where ERA and our team of automotive experts can really help, by providing detailed analysis of areas where savings can be made or efficiency improvements can be implemented.
“The way that savings continue to mount up for members has been transparent and impressive and we look forward to more taking advantage of this excellent service.”