Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com.

PressClub Global · Article.

BMW Group uses Blockchain to drive supply chain transparency

Traceability of parts and critical raw materials in complex international supply chains +++ BMW Group “PartChain” project targets industry-wide solution for secure data sharing +++

Corporate
·
Finance, Facts, Figures
 

Munich. The BMW Group is using innovative digital technologies to optimise its processes. A good example of this is Blockchain, a technology that enables tamper-proof data sharing, with potential applications throughout the entire automotive value chain. The BMW Group is using this technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. “In 2019, we conducted a successful pilot project for purchasing front lights. This year, we want to expand the project to a large number of other suppliers,” said Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

 

The automotive industry's international supply chains are highly complex. They generally involve numerous players at different delivery stages and often undergo rapid changes. For this reason, considerable effort can be needed to clearly track a component’s origin or supply route, for instance. Up until now, it has been customary for the many partners to manage their own data separately. The companies’ respective IT systems have not always been able to communicate consistently with one another. For the BMW Group’s purchasing experts and its suppliers, ensuring transparency therefore involved considerable manual effort. The BMW Group initiated the PartChain project to ensure seamless traceability of components – more or less “at the push of a button” – and provide immediate data transparency in complex supply chains for all partners involved going forward.

 

“PartChain enables tamper-proof and consistently verifiable collection and transaction of data in our supply chain,” said Wendt. 2019 the pilot project focused solely on part tracking. In the long term, the BMW Group also expects the project to enable complete traceability of critical raw materials – all the way from mine to smelter. Wendt: “This move is designed to take the digitalisation of purchasing at the BMW Group to the next level. Our vision is to create an open platform that will allow data within supply chains to be exchanged and shared safely and anonymised across the industry.”

 

PartChain uses Cloud technologies (e. g. Amazon Web Services, Microsoft Azure) in addition to Blockchain solutions. This allows the origin of components to be tracked between all participating partners without any risk of manipulation. The 2019 pilot project already involved two of the BMW Group’s total 31 plants (Spartanburg/US and Dingolfing), as well as three locations of the supplier Automotive Lighting. This year, the platform will be rolled out to about ten suppliers.

 

BMW Group co-founded Mobility Open Blockchain Initiative (MOBI) in 2018

An industry-wide solution would enable all partners participating to link their business processes more closely and coordinate between companies. However, common standards and control models are needed to leverage the full potential of an open platform. The BMW Group therefore co-founded the Mobility Open Blockchain Initiative (MOBI) in 2018, a cross-industry initiative comprising 120 leading automotive, mobility and technology companies. Within MOBI, the company heads a working group on supply chain issues. The MOBI members’ shared objective is to help Blockchain technology break through in the mobility sector. “We want to share our PartChain approach with the initiative and invite interested companies to join the initiative,” explained Wendt.

 

Further information on the MOBI initiative can be found at www.dlt.mobi.

 

 

If you have any questions, please contact:

 

Corporate Communications

 

Saskia Eßbauer, Corporate Communications

Saskia.Essbauer@bmw.de, Telephone: +49 89 382 18364

 

Mathias Schmidt, head of Corporate and Culture Communications

Mathias.M.Schmidt@bmwgroup.com, Telephone: +49 89 382 24544

 

Media website: www.press.bmwgroup.com

Email: presse@bmwgroup.com

 

 

The BMW Group

 

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 31 production and assembly facilities in 15 countries; the company has a global sales network in more than 140 countries.

In 2019, the BMW Group sold over 2.5 million passenger vehicles and more than 175,000 motorcycles worldwide. The profit before tax in the financial year 2019 was € 7.118 billion on revenues amounting to € 104.210 billion. As of 31 December 2019, the BMW Group had a workforce of 133,778 employees.

The success of the BMW Group has always been based on long-term thinking and responsible action. The company has therefore established ecological and social sustainability throughout the value chain, comprehensive product responsibility and a clear commitment to conserving resources as an integral part of its strategy.

 

www.bmwgroup.com

Facebook: http://www.facebook.com/BMWGroup

Twitter: http://twitter.com/BMWGroup

YouTube: http://www.youtube.com/BMWGroupView

Instagram: https://www.instagram.com/bmwgroup

LinkedIn: https://www.linkedin.com/company/bmwgroup/

Article Offline Attachments.

Article Media Material.

My.PressClub Login
 

BMW Group Streaming

WORLD PREMIERE

14 July 2020. Follow the link and watch the webcast of the world premiere of the first-ever BMW iX3.

Open Streaming Page

CO2 emission information.

The following applies to consumption figures for vehicles with new type approval, September 2017 onward: The figures for fuel consumption, CO2 emissions and energy consumption are obtained in accordance with the specified measuring procedure (EC Regulation No. 715/2007), as issued and amended. The figures are for a basic-version vehicle in Germany. The bandwidths allow for differences in the choice of wheel and tire sizes and items of optional equipment and can be changed by the configuration.

Obtained on the basis of the new "Worldwide harmonized Light vehicles Test Procedure" (WLTP), the figures are converted back to the "New European Driving Cycle" (NEDC) for the sake of comparability. Values other than those stated here may be used for the purposes of taxation and for other vehicle-related duties relating to CO2 emissions.

More information about official fuel consumption figures and the official specific CO2 emissions of new passenger cars can be obtained from the "guideline on fuel consumption, CO2 emissions and current consumption of new passenger cars", available here: https://www.dat.de/co2/.

Add your filter tags.

Press Release
Press Kit
Speech
Fact & Figures
Spanish
  • Language of file attachment
  • Arabic
  • Chinese
  • Chinese (simplified)
  • English
  • English
  • French
  • German
  • Hungarian
  • Italian
  • Japanese
  • Korean
  • Other Language
  • Russian
  • Spanish
Updates
Top-Topic
Submit filter
Clear all
 
Sun
Mon
Tue
Wed
Thu
Fri
Sat
 
Login