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Monday, May 20, 2024

JLR Harnesses the Power of AI to Protect, Boost Supply Chains


JLR (Jaguar Land Rover) has announced a new partnership with Everstream Analytics, an industry-leading supply chain mapping and risk analysis specialist, to embed AI into JLR’s supply chain management.

With this new technology, Jaguar Land Rover can monitor its supply chain in real time to help avoid any future global supply issues and protect the production of its current models and next-generation pure electric vehicles.

The technology analyzes data using a combination of artificial intelligence, predictive analytics, machine learning and human intuition to map emerging events such as natural disasters, strikes, data breaches and export issues on a global map, alerting Jaguar Land Rover to any potential risks to its supply chain Influence.

This real-time update capability takes steps to avoid any industrial disruptions that could impact production and increase costs.

broader strategy

The unprecedented global pandemic and semiconductor crisis have wreaked havoc on the automotive supply chain. Through the tireless efforts of its teams dedicated to securing supply, JLR is now emerging from this period of disruption, resulting in quarterly increases in both production and wholesale volumes since Q3FY23.

JLR is introducing Everstream technology as part of a broader strategy to build a state-of-the-art digital supply ecosystem, providing end-to-end visibility and security. Using insights from Everstream, Jaguar Land Rover has taken proactive steps to avoid disruption at cargo ports around the world to support vehicle deliveries to customers.

Barbara Bergmeier, Executive Director, Industrial Operations, JLR: “As part of our Reimagine strategy, we are building a robust digital-first industrial Global shocks in an increasingly unpredictable world.

the power of artificial intelligence

“By partnering with Everstream Analytics, we are harnessing the power of AI to proactively manage risk before it disrupts production, ensuring we are resilient and able to deliver on the promises we made to our customers. As we build around the next generation of the ultra-popular Hyundai This foresight will become even more important as luxury EVs develop new value chains.”

Julie Gerdeman, CEO, Everstream Analytics: “The global value chain servicing electric vehicles is one of the most complex to navigate. Everstream Analytics’ AI-powered supplier visibility and insights enable Jaguar Land Rover to proactively reduce risk and increase agility and promote supply chain resilience. We are proud to partner with this visionary leader to drive positive, sustainable change in the automotive industry.” — trade arab news agency


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