DaimlerChrysler Invests In Supply-Chain Management Company - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

DaimlerChrysler Invests In Supply-Chain Management Company

DaimlerChrysler Corp. said today it has made a $25 million investment in Powerway Inc., a provider of online quality-planning software, to develop an automated supply-chain management system for the automaker's product development process.

Through http://www.powerway.com , DaimlerChrysler expects that all of its 900 automotive parts suppliers will be able to communicate directly with one another and be able to eliminate, or at least reduce, the tons of paper used to authorize the design and build of a new car model.

"When we make a last-minute change to a vehicle, that information will go out once to everyone at the same time," says Peter Rosenfeld, VP of procurement and sourcing for DaimlerChrysler. The efficiencies are expected to shave months off the production cycle, Rosenfeld says.

The system that Powerway is developing will reduce the complexity of qualifying automotive parts for production, which will allow DaimlerChrysler to focus on improving its product development and quality manufacturing, says Dennis Virag, president, The Automotive Consulting Group Inc. "Just locating the record of each step in the testing process is a difficult chore," Virag said. "Being able to access an electronic version makes it simpler."

DaimlerChrysler says it will establish a pilot program for its key suppliers, who will deploy the beta version of the Powerway supply-chain management system when it becomes available by early fall. The general release is expected to begin rolling out by year's end and continue through next year.

Powerway, based in Indianapolis, says it plans to hire an additional 210 employees to support the project.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Commentary
Enterprise Guide to Edge Computing
Cathleen Gagne, Managing Editor, InformationWeek,  10/15/2019
News
Rethinking IT: Tech Investments that Drive Business Growth
Jessica Davis, Senior Editor, Enterprise Apps,  10/3/2019
Slideshows
IT Careers: 12 Job Skills in Demand for 2020
Cynthia Harvey, Freelance Journalist, InformationWeek,  10/1/2019
Register for InformationWeek Newsletters
Video
Current Issue
Getting Started With Emerging Technologies
Looking to help your enterprise IT team ease the stress of putting new/emerging technologies such as AI, machine learning and IoT to work for their organizations? There are a few ways to get off on the right foot. In this report we share some expert advice on how to approach some of these seemingly daunting tech challenges.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll