CEO Cofinity-X | Member of the Board of Catena-X e.V. | Director Automotive Ecosystems at ZF Group | IoT Enthusiast |
Go-Live of Cofinity-X Golden Record at BMW Group BMW Group went live with the Cofinity-X Golden Record, a successful implementation of the Business Partner Data Management (BPDM) use case of the Catena-X network. This collaboration represents a significant advancement in the standardization and optimization of business partner data processes across the automotive industry. Benefits for BMW Group ♻️ Elimination of data redundancies The Golden Record process eliminates data redundancies, simplifying data management. 🎯Improved data accuracy Standardized data formats and unique identifiers ensure high data accuracy and integrity. ⚖️Improved regulatory compliance Reliable business partner data helps BMW Group meet requirements and Corporate Due Diligence Obligations of supply chain regulations. ⏩Operational efficiency Seamless data integration and processing improves data management for business partners, resulting in time and cost savings. Looking ahead 📈Expanding capabilities Cofinity-X and BMW Group will expand the BPDM capabilities to predict and mitigate supply chain disruptions. 🚗More use cases More use cases beyond BPDM are being implemented, including solutions for decarbonization, seamless parts traceability, and a circular economy for a sustainable and resilient supply chain. 🤝Industry collaboration Cofinity-X welcomes all Automotive to join this collaborative effort, leverage industry-wide synergies, and benefit from the Golden Record service.
The topic of supply chains is naturally predestined for secure and standardised data exchange. We would like to open up a new field soon, in the area of commercial vehicles. What about a comparable data exchange between OEMs and converters? We want to talk about this at the IAA TRANSPORTATION. #vanselelctrisiert
Great to see the synergetic and network effect of Catena-X taking off.
Congratulations to BMW Group and Cofinity-X on this significant milestone! 🚀
Congratulations Thomas Rösch & Cofinity-X team … another big Catena-X success story … how to do MORE with LESS … Golden Record for better data more easily
Hans Beck
2w
Wonderful achievement Thomas Rösch! It's inspiring to see how you rally Cofinity-X and all of Automotive to tackle pressing issues and use the opportunity to innovate across the board. Awesome leadership!
Keep growing!
... congrats!
Anna Hees
2w
Fantastic teamwork, once again ! Great job 👏🏼
Mercedes-Benz Group AG ... #WeAreCatenaX
2wVW nun BMW … DAS zündet natürlich den Catena-X Business-Partner ID (#BPN) Nachbrenner für den Datenaustausch in der Lieferkette 😳