Chinese auto companies have jointly launched a "breakthrough" transparent supply chain ecosystem in to promote high-quality development of the automobile industry.
The Transparent Supply Chain Ecosystm-Auto (TSCE-Auto) was initiated by 18 major carmakers and more than 100 auto parts manufacturers at the 32nd China Society of Automotive Engineers Conference and Expo, which ran from Wednesday to Friday in southwest China's Chongqing Municipality.
The system was launched to create a unified data standard system for the auto industry supply chain, which has meant establishing data standards and interconnection systems covering the entire industry chain. It will also create a secure and reliable supply chain data space and build application demonstration scenarios.
Officials from the China Society of Automotive Engineers emphasized that the platform is the first open and collaborative data ecosystem built in the automotive industry, capable of realizing data interconnection, trusted information interaction, and flexible resource allocation in the automotive industry chain.
The system will be built based on data centers and a physical computer room will be established in Shanghai International Automobile City, a major automotive hub in east China.
"The entire system is a complete breakthrough and innovation, with no precedent to refer to. With this new system, we will make better use of the infrastructure capabilities of data resources. More importantly, we will improve the ability in data governance and data applications. We hope that this system will empower the development of the entire industry," said Pan Xiaohong, general manager of Shanghai International Automobile City.
Auto parts manufacturers said transparent supply chain data can help companies optimize inventory and ensure stable product quality.
"A transparent supply chain can significantly help us optimize inventory and logistics. Currently, sales of individual vehicle models fluctuate significantly, by around 30 percent per month. Despite this rapid and significant fluctuation, the auto seats sector has achieved the goal of halving its inventory cycle [with the transparent data system]," said Wang Jimin, manager of an auto set company in Ningbo City of east China's Zhejiang Province.
Chinese auto companies launch unprecedented platform for supply chain transparency
