A Solution for Automotive Manufacturers
The automotive supply chain is complex. Assent helps manufacturers make sense of it so they can see deeper, be smarter, and grow better.
The Complex Automotive Supply Chain
In the automotive industry, there are numerous regulations — from REACH to RoHS to conflict minerals — that impact vehicles from the design stage through to end of life. To comply, manufacturers need to know their industry-specific regulations and requirements, as well as country-specific export rules and tariffs.
If manufacturers can’t meet their requirements, they face a range of risks, including loss of market access, loss of contracts, and fines.
The Risks of Automotive Supply Chain Non-Compliance
Automotive supply chain sustainability management is complex, especially as original equipment manufacturers (OEMs) expand electric vehicle production and work around parts shortages. Because automotive manufacturers require scrutinized materials like conflict minerals, cobalt, and mica, they’ll need deep due diligence to protect their brands.
Learn more about recent enforcement actions that demonstrate why proactive compliance is a business must.
Meeting OEM Expectations
With some of the most complex supply chains in the world, automotive companies must commit significant resources to tracking parts, contacting suppliers, and managing supply chain data. Automotive OEMs are leaders in sustainability, often pushing environmental, social, and governance (ESG) requirements down to their suppliers. Failure to meet them could result in the loss of lucrative contracts.
Product Delays
Production delays caused by substance restrictions, export challenges, and regulatory changes can severely impact automotive manufacturers. While managing a sprawling supply chain, manufacturers must also keep an eye on the horizon to ensure business continuity.
Navigating the Compliance Landscape: Automotive
Automobiles contain thousands of parts, and if one is non-compliant, it can result in contract loss, fines, and other penalties. Learn how you can dig deep into your supply chain to get access to the data you need to protect your business.
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Engaging Suppliers, Saving Resources: Ashcroft Inc.
Ashcroft, a 160-year-old manufacturer of instrumentation products, is in scope of REACH, RoHS, and conflict minerals regulations. The company was using manual processes to manage compliance activities, which was time-consuming and inefficient. But after working with Assent, Ashcroft has saved working hours, increased their supplier response rate, and engaged 400+ suppliers.
Read the Case Study
The Assent Advantage
Assent does what no one else can. We’re the only supply chain sustainability management platform built specifically for complex manufacturers. Our solution is built on automotive industry best practices, so you can manage supply chain data in a single platform across the company, prioritize high-risk suppliers for deeper screening or training, and mitigate supplier burnout through streamlined, scheduled data requests.
Industry Solutions for Complex Manufacturing
Discover how our automated supply chain sustainability management solutions help complex manufacturers see deeper, be smarter, and grow better.
Automotive Resources
Electric Vehicles Are Disrupting Automotive Supply Chains
With nearly all major original equipment manufacturers (OEMs) looking to expand their output of EVs, demand for new parts has presented new challenges for suppl …
Electric Vehicle Suppliers: Managing Increased Awareness of Cobalt & Mining Practices
Each year the electric vehicle (EV) market share grows as government incentives and improved technology make fully electric or hybrid vehicles more attractive t …
Taking Automotive Compliance Beyond IMDS
Suppliers to automotive original equipment manufacturers (OEMs) are in scope of more regulatory requirements than ever before — and as a result, they face mou …
