INDUSTRY VERTICALS
Automotive Industry
Combating Fakes: The Automobile Sector's Struggle Against Fraudulent Products and Claims
Market Challenge
Warranty: Manual warranty registration has become a big issue for most of the industries. Counterfeiters will therefore take the opportunity to make illegitimate claims. They will present themselves as genuine products while marketing counterfeit goods, while this undermines consumer and business trust and results in financial loss.
Supply Chain: Lack of transparency and real-time insight across the supply chain makes it challenging to identify the bottlenecks. Stockouts, missed deadlines, and higher expenses may result from production, shipping, or distribution delays. Furthermore, optimizing logistic turns into a guessing game as it can be difficult for businesses to select the most suitable option.
Solution and Opportunities
An effective and effortless approach for customers to handle their product warranties is by integrating e-warranty into your business. With the help of the e-warranty service, the warranty claim process is simple. With just a few clicks or taps, customers can initiate claims, offering them a world of ease and instantaneity. Digitizing procedures helps companies cut down on excessive work, guarantee integrity, and limit errors. In addition to lowering costs, this transparency increases consumer trust.
The key to overcome these obstacles is to implement efficient track & trace solutions, utilize real-time data, and improve consumer education. Blockchain technologies, data analytics platforms, and Smart QR codes can all be very helpful in enhancing the transparency and traceability of the supply chain, cutting costs and optimizing logistics, facilitating easy access to charging information, and fostering customer confidence and trust. Our Smart QR ensure the security of your products from production to distribution and through to end-use
