By JLR has announced a new collaboration with Everstream Analytics, the industry-leading supply chain mapping and risk analytics experts, 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, protecting the production of its current models and next generation of pure-electric vehicles.
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 the tireless work of its teams dedicated to securing supply, JLR is now emerging from this period of disruption enabling the quarterly growth in production and wholesale volumes since Q3 FY23. JLR is introducing the Everstream technology as part of a wider strategy to build a state-of-the-art digitally enabled supply ecosystem delivering end-to-end visibility and security. Using Everstream’s insights, JLR has already taken positive action to avoid disruption at global freight ports to support delivery of vehicles to clients.
