Automotive
We are leveraging team expertise from working with major automotive suppliers to deliver customized and highly implementable risk and strategy analytics solutions within the rapidly changing automotive and EV value chains.
Challenges for the Automotive Sector
The Automotive sector as a whole, whether you are an equipment or component provider, a car/truck manufacturer or a dealer, is going through a profound multi-factorial transformation:
Technological Transition
What: Electric/fuel cell/hybrid/EV rapid market-share shift with new entrants, and emerging key technology suppliers.
How: Vertaeon’s SaaS tool captures value chain participants, partnership, integration, market trends and more globally. Our dedicated focus for the energy transition segment adds to this. Distinguishing between post-pandemic pent-up demand and underlying trends per region.
Supply Chain
What: Increased dependence on certain global key suppliers for both commodity and specialty components/materials, from semiconductors to batteries and minerals.
How: Vertaeon has developed extensive content and risk pulse for each block within the supply chain including for semiconductors, electronics, materials, and commodities.
Financial
What: Post-pandemic impact on automotive global supply chain, inflationary pressures causing high interest rates and higher capital costs.
How: The current macro environment is forcing many small-medium suppliers to face increased financial stress. Vertaeon tool analyzes all available data for profit, leverage, and liquidity to provide you with a holistic risk score and vulnerability perception.
Geopolitical
What: Navigating through uncertainty, delays and cost increases from conflicts, Brexit, trade controls, and sanctions
How: Geopolitical and country risks have risen to the top in 2024 and Vertaeon is prepared for that! We track not only the events, but through analytics impact of the events including a potential conflict, trickle-down effects, trade patterns, re-shoring and more.
Environmental
What: Increased regulatory and anti-pollution requirements/expectations, impact of 2030/2035 goals for reduced internal combustion car (ICE) sales globally.
How: ESG risk data analytics and compliance preparedness has been a key area for Vertaeon since we launched our SaaS platform in 2020. These include in-depth analytics and visualizations that can get you not only ready for compliance reporting but for identifying major risks in environmental or social (child labor, forced labor, safety..) areas in the supply chain.
Natural Disasters
What: Increased frequency and changing picture of major disasters including floods, earthquakes, tornadoes and more…
How: Vertaeon tool tracks multiple disasters and climate risks for each supplier site and not only gives you an extensive understanding of existing risks but sends you early warning signals. Both improve your preparedness well beyond competition!
Solving Problems for this Sector
Enterprise & Supply Chain Risk Analysis
With Our intuitive enterprise and supply chain risk analytics, we can identify, assess, prioritize, and monitor on-going risks relevant to your supply, sales, markets or company. We take a comprehensive approach by combining internal risks with macro external risks such as geopolitical or natural disaster risks. This holistic assessment is deployed via a user-friendly, cloud platform which not only eliminates IT installation, but promotes sharing and collaboration among global teams.
- Financial
- Non-Compliance
- Operational
- Geopolitical
- Divestments
- And More
Sustainable Procurement
Another key aspect we delve into is responsible sourcing or sustainable procurement in order to match company goals on environmental, social and governance (ESG). We track a multitude of variables including governance variables such as bribery and corruption (see our FCPA blog – Link), environmental variables such as energy and water consumption, emissions (See our ESG guidance – Link), waste reduction, and social variables such as labor or employee safety.
Go beyond first pass supplier surveys or alerts to understand and minimize risks, grow/maintain market share and achieve sustainable growth with our risk platform!
