Jaguar Land Rover partners with Everstream for supply chain oversight
Technology

Jaguar Land Rover partners with Everstream for supply chain oversight

Tata Motor subsidiary, Jaguar Land Rover (JLR), that it had formed a strategic partnership with Everstream Analytics, a company providing solutions for supply chain mapping and risk analytics. The purpose of this collaboration was to monitor JLR's supply chain in real time.

JLR aimed to use AI technology to monitor its supply chain continuously, allowing them to take proactive measures in addressing potential global supply issues. The automotive industry had recently faced significant challenges due to the unprecedented global pandemic and semiconductor supply crises. Considering the ongoing struggles of the global supply chain, especially with semiconductor shortages and other disruptions, JLR's collaboration with Everstream Analytics was of utmost importance.

The system employed a combination of AI, predictive analytics, machine learning, and human expertise to identify emerging incidents such as natural disasters, strikes, data breaches, and export problems on a global map. By analysing these incidents in real time, the system would promptly alert JLR to any potential impacts on its supply chain. This enabled JLR to take timely actions to prevent disruptions that could hinder production or increase costs.

Barbara Bergmeier, the Executive Director of Industrial Operations at JLR, highlighted the significance of this collaboration in the context of their Reimagine Strategy. She explained that JLR was in the process of developing a robust digital-first industrial operations ecosystem, which included advanced technology and long-term strategic relationships. This ecosystem would provide JLR with end-to-end visibility of global shocks in an increasingly unpredictable world.

Bergmeier further commented that through their collaboration with Everstream Analytics, JLR was utilising the power of AI to proactively manage risks before they caused disruptions to production. This approach would ensure JLR's resilience and enable them to fulfill their commitments to their clients. She emphasised that this foresight would become even more critical as JLR worked on establishing a new value chain for their next-generation ultra-desirable modern luxury electric vehicles.

Julie Gerdeman, the Chief Executive Officer of Everstream Analytics, acknowledged the complexities of global value chains supporting electrified vehicles. She expressed her contentment in partnering with JLR and stated that Everstream Analytics' AI-driven supplier visibility and insights empowered JLR to proactively mitigate risks, enhance agility, and promote supply chain resilience. Gerdeman mentioned that she was proud to collaborate with JLR, a visionary leader, on their journey to drive positive, sustainable change in the automotive industry.

Also read:
Engcon Unveils Enhanced S60 Coupler for 12-19 Tonne Excavators
CASE CE appoints Shalabh Chaturvedi as MD for India & SAARC


Tata Motor subsidiary, Jaguar Land Rover (JLR), that it had formed a strategic partnership with Everstream Analytics, a company providing solutions for supply chain mapping and risk analytics. The purpose of this collaboration was to monitor JLR's supply chain in real time. JLR aimed to use AI technology to monitor its supply chain continuously, allowing them to take proactive measures in addressing potential global supply issues. The automotive industry had recently faced significant challenges due to the unprecedented global pandemic and semiconductor supply crises. Considering the ongoing struggles of the global supply chain, especially with semiconductor shortages and other disruptions, JLR's collaboration with Everstream Analytics was of utmost importance. The system employed a combination of AI, predictive analytics, machine learning, and human expertise to identify emerging incidents such as natural disasters, strikes, data breaches, and export problems on a global map. By analysing these incidents in real time, the system would promptly alert JLR to any potential impacts on its supply chain. This enabled JLR to take timely actions to prevent disruptions that could hinder production or increase costs. Barbara Bergmeier, the Executive Director of Industrial Operations at JLR, highlighted the significance of this collaboration in the context of their Reimagine Strategy. She explained that JLR was in the process of developing a robust digital-first industrial operations ecosystem, which included advanced technology and long-term strategic relationships. This ecosystem would provide JLR with end-to-end visibility of global shocks in an increasingly unpredictable world. Bergmeier further commented that through their collaboration with Everstream Analytics, JLR was utilising the power of AI to proactively manage risks before they caused disruptions to production. This approach would ensure JLR's resilience and enable them to fulfill their commitments to their clients. She emphasised that this foresight would become even more critical as JLR worked on establishing a new value chain for their next-generation ultra-desirable modern luxury electric vehicles. Julie Gerdeman, the Chief Executive Officer of Everstream Analytics, acknowledged the complexities of global value chains supporting electrified vehicles. She expressed her contentment in partnering with JLR and stated that Everstream Analytics' AI-driven supplier visibility and insights empowered JLR to proactively mitigate risks, enhance agility, and promote supply chain resilience. Gerdeman mentioned that she was proud to collaborate with JLR, a visionary leader, on their journey to drive positive, sustainable change in the automotive industry. Also read: Engcon Unveils Enhanced S60 Coupler for 12-19 Tonne Excavators CASE CE appoints Shalabh Chaturvedi as MD for India & SAARC

Next Story
Infrastructure Urban

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 3.07 billion as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital I..

Next Story
Infrastructure Urban

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

Tata Steel reported a net profit of Rs 7.58 billion for the September 2024 quarter, helped by lower expenses. It had posted a net loss of Rs 65.11 billion in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. In a separate statement, Tata Steel CEO and MD TV Narendran said the global operating environment remained complex, with key regions facing subdued growth. Macroeconomic conditions in China continued to weigh on commodity prices, including steel. In India, steel demand continued to improve, but domestic prices were under pressure due to chea..

Next Story
Infrastructure Urban

SC to verdict on Nov 7 on plea against NCLAT

The Supreme Court is scheduled to pronounce its verdict on a plea of State Bank of India (SBI) and other creditors challenging the National Company Law Appellate Tribunal (NCLAT) decision that upheld the resolution plan of grounded air carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC). A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will pronounce the verdict which was reserved on October 16. The NCLAT had on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownersh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000