JLR announced a new collaboration with Everstream Analytics, a supply chain mapping and risk analytics specialist, which will embed AI into JLR’s supply chain management.
With this new technology, JLR can monitor its supply chain in real time in order to help avert any future global supply issues.
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The technology analyses data using a combination of AI, predictive analytics, machine learning and human intuition to plot emerging incidents such as natural disasters, strikes, data breaches and export issues on a global map, alerting JLR to any potential impact on its supply chain.
This capability, which updates in real time, takes measures to avoid any industrial disruption which could impact production and increase costs.
The unprecedented global pandemic and semi-conductor crisis caused huge disruption to the automotive supply chain. Through a lot of work dedicated to securing supply, JLR is now emerging from this period enabling quarterly growth in production and wholesale volume since Q3 FY23.
JLR is introducing the Everstream technology as part of a wider strategy to build a digitally enabled supply ecosystem delivering end to end visibility and security.
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By GlobalDataUsing Everstream’s insights, JLR has already taken positive action to avoid disruption at global freight ports to support delivery of vehicles to clients.
“Through our collaboration with Everstream Analytics, we are harnessing the power of AI to proactively manage risks before they cause disruption to production, ensuring we are resilient and can deliver on the commitments we make to our clients,” JLR said in a statement.
