New collaboration with Everstream gives JLR advanced supply chain risk warnings
Jaguar Land Rover (JLR) recently 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 to help avert any future global supply issues, protecting the production of its current models and next generation of pure- electric vehicles, the company confirmed in a press communique.
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.
Sophisticated ecosystem
JLR is introducing Everstream technology as part of a wider strategy to build a sophisticated 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, the press statement continued.
“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,” affirmed Barbara Bergmeier, Executive Director, Industrial Operations, JLR.
“The global value chains serving electrified vehicles are among the most complex to navigate. Everstream Analytics’ AI-driven supplier visibility and insights empower JLR to proactively mitigate risks, enhance agility, and promote supply chain resilience,” asserted Julie Gerdeman, CEO, Everstream Analytics.
