Procurement Strategy — Levers for Increasing Efficiency in Product Development in the Automobile Industry

Zusammenfassung

With the shift from an industrial to a knowledge-based society entire branches of the economy are facing far-reaching changes. For companies in the automotive industry this new era will mean opportunities as well as challenges.

While the further development of existing vehicle concepts was largely a core task in recent years, the demands involved in meeting today's goals are clearly more complex, namely emissions reduction, digitalization or the introduction of eCall. Innovations such as, for example, networking C2X and autonomous driving are making cars drivable computers.

Making driving even more comfortable and safer while also protecting the environment and making efficient use of resources is a demanding scenario for the future.

For example, development, sales and procurement will have to work jointly to realize innovations and to get a grip on the proliferation of product complexity while creating the greatest possible value.

New innovative concepts for customer mobility offer enormous opportunities for companies in the automotive industry and can bring national economies growth and prosperity.

This paper aims to provide an impulse showing how intelligent business models can transform innovations to value in future.