Many countries insist that motor vehicles comply with national environmental and safety standards. Governments are now becoming more focused on implementing legislation to reduce road accidents and the environmental impact of non-compliant vehicles. It is widely accepted that vehicles should be subject to regular technical inspection at pre-set intervals throughout their life.
With increasing globalization, vehicle manufacturers have been re engineering their production plant networks all over the world. To ensure optimum cost savings, specific countries are often chosen to specialize in the production of specific models. This has given rise to an inevitable trend in transporting vehicles from production countries to the final markets. During such journeys, vehicles are subject to varying degrees of damage throughout the supply chain. Apart from the cost of repairing damage, such incidents have some costly side effects: delayed delivery time to final customer, higher insurance costs, and a negative impact on brand image.
The financial entities of automotive manufacturers have the role of financing their dealer networks in order to push sales. This represents a vast amount of money circulating in the dealer network, a burden that carries a significant financial cost. Contractual obligations and payment due dates need to be strictly followed up and controlled in order to minimize and prevent losses.
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