Innovation Transformation in the Automotive Industry
Challenges
An automotive group with 135 subsidiaries struggled with high costs, redundant tools, siloed information, and unmonetized ideas that limited business value.
>Solutions
- A 7-year innovation strategy with a clear vision, mission, and business plan.
- A unified operating model across subsidiaries, streamlining processes and aligning goals.
- Key digital tools for Chassis Tracking, Trailer Tracking, and Ground Asset Management to enhance visibility and efficiency.
Business Value
- Saving over $5 million by consolidating tools and eliminating redundancies.
- Increasing efficiency, enabling faster decision-making, and optimizing resource allocation.
- Establishing a structured innovation pipeline that drives monetization and elevates organizational valuation.
- Creating a scalable model for continuous improvement, enhancing the group's competitive edge.
