Monday, October 28, 2024

Planview Enables Automakers to Control Their Digital Supply Chain

Planview, the leading end-to-end platform for Strategic Portfolio Management (SPM) and Digital Product Development (DPD), announced the latest innovations to Planview Hub – while these are designed to address the increasing complexity of digital supply chains for all industries, they are especially relevant and vital for the automotive industry. With the rise of Software-Defined Vehicles (SDVs) that contain more than 650 million lines of code, the auto industry faces unprecedented challenges managing software that spans hundreds of suppliers and components. The new features of Planview Hub enhance communication, collaboration, security, and traceability between automotive OEMs and their supplier networks to streamline and optimize software development processes, ultimately reducing costly delays and recalls.

“Organizations need to perfect their entire digital supply chain to stay competitive in today’s market. Traditional manufacturing methods do not work on software, and we are seeing again and again at all levels of the development process, where organizations throw money at the problem without first digging into the root cause of the issue,” said Cameron van Orman, Planview GM, Automotive Solutions. “Automakers need to optimize software development at scale and must easily integrate with suppliers and vendor tool chains. Planview gives organizations that necessary foundation – to easily collaborate, make decisions, and have full visibility into every step of the software development process.”

Digital Supply Chain and Traceability

The pervasiveness of software in vehicles, even in basic components, has created a highly complex software supply network, involving hundreds of suppliers and sub-suppliers. Maintaining software traceability across this network is crucial for regulatory compliance and bug tracking, but is difficult due to varied standards and inefficient, manual tracking methods like email or spreadsheets. Lastly, delays in software development can lead to costly model launch delays and recalls, which have a direct financial and legal impact on manufacturers. In fact, according to recent analysis of ten years of National Highway Traffic Safety Administration data, software fixes now account for more than 20% of automotive recalls.

Also Read: Wayne PWR: Dover Fueling Solutions’ New EV Charger

Introducing Planview Hub’s Link Bridge: A New Capability for Digital Supply Chain Integration

Responding to the industry’s need for greater control over digital supply chains, Planview Hub now includes Link Bridge, a powerful capability to connect systems across organizations. Link Bridge supports the integration of tools like ServiceNow and JIRA, providing near real-time data synchronization between companies. Link Bridge enhances digital supply chain integration with:

  • Enhanced Security and Governance. Localized access management for individual tool repositories allows each organization to control at a granular level what information is shared, when it is shared, and with whom, thereby eliminating the need for cross-organization credential sharing, which introduces unnecessary security risks. Organizations maintain precise control over shared data while enforcing governance policies that protect intellectual property and sensitive information. This capability allows for the establishment of role-based access controls, ensuring that only relevant stakeholders have visibility, while also meeting compliance requirements and supporting regulatory audits.
  • Scalability. Organizations can connect with third-party suppliers as easily as in-house tools through the Planview platform. Each company uses a dedicated connection and portal-like configuration to simplify connectivity. Even the most complex environment involving hundreds of vendors and suppliers can be set up in less than two hours and can integrate multiple tools with a single, robust connection.
  • Compliant and transparent processes. With Link Bridge, Planview Hub fosters interoperability by ensuring seamless integration with other systems and programs used by OEMs or suppliers. Planview is committed to industry compliance standards and regulations, and Planview Hub supports traceability at the requirement level to make audits and reporting straightforward and efficient.

Planview is seeking early adopters to revolutionize their digital supply chain and take control of the collaboration between themselves and external vendors, whether that’s OEMs and manufacturers, loosely coupled teams, or completely autonomous groups, to improve security/governance, efficiency, control, and visibility.

SOURCE: Businesswire

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