Factories at three locations wait for a missing part from Bosch
Last week’s discovery of delivery problems surrounding a BMW part manufactured by Bosch are likely more extensive than expected. According to the Duesman Purchasing Directoriate, Bosch’s steering gear is currently unavailable, causing greatly restricted production at three BMW production sites in Leipzig, Munich, and Shenyang, China.
Several thousand cars could not be built as planned. The apparent reason is that maintenance work has been carried out in Rosslyn, South Africa. Bosch is working hard to solve the problem.
Better supply chain management offers a solution
The right supply chain management is an essential part of the success of companies, including good risk management, which can predict supply bottlenecks. This requires, however, a high level of visibility in the supply chain.
In many instances, participants in the supply chain only know their direct predecessor and successor, but there is no end-to-end transparency, which would make complete traceability to the original source possible.
Traceability with Blockchain
A supply Blockchain would have made it possible for BMW to carry out a forward-looking risk management process by continually analyzing its supply chains and identifying vulnerabilities or single points of failure. Thanks to the transparency provided by Blockchain, it is possible for companies to quickly recognize and eliminate risks.