LEXON CORPORATION

Next-generation digital supply chain planning is reshaping the automotive industry, driving efficiency, agility, and resilience through advanced technologies like Artificial Intelligence (AI), Machine Learning (ML), Big Data Analytics, and the Internet of Things (IoT). These innovations are creating smarter, stronger, and more responsive supply chains that are better equipped to navigate the complexities of today’s global automotive market. Predictive Analytics: By analyzing vast amounts of historical and real-time data, AI and ML algorithms can predict demand fluctuations, potential disruptions, and supply bottlenecks with increasing accuracy. This allows manufacturers to proactively adjust production schedules, optimize inventory, and secure alternative supply sources—reducing the risk of costly delays or overstock situations. Real-Time Visibility: IoT-enabled sensors, GPS tracking, and cloud-based platforms provide constant updates on the status of raw materials, in-transit shipments, and finished goods. This level of transparency gives supply chain managers the ability to monitor operations in real-time and make rapid adjustments in response to changes or disruptions, enhancing the overall agility of the supply chain. Collaboration: Cloud-based platforms enable seamless communication and data sharing between OEMs, Tier Suppliers, and Logistics Providers, enabling better coordination and reducing lead times. With more accurate alignment, automotive manufacturers can synchronize their production cycles and avoid disruptions. Next-generation digital planning supports the industry's growing focus on sustainability. By optimizing resource allocation, reducing waste, and minimizing energy consumption, digital tools help automotive companies achieve sustainability goals while remaining competitive. Ultimately, next-generation digital supply chain planning equips automotive companies with the tools needed to meet the demands of an evolving industry, delivering improved efficiency, flexibility, and sustainability. #LEXONCORP #AutomotiveIndustry #Innovation #Collaboration #IndustryLeaders #AutomotiveManufacturing #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #Kaizen #Muda #JIT #MinimizeWaste #ContinuousImprovement #StandardizedWork #DublinOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #QR #RFID #Industry4 #Cloud #OnPrem #RealTimeData #DigitalSupplyChainPlanning #Planning

LEXON CORPORATION had a busy week last week! We were privileged to attend the 2024 #SAC in #ChattanoogaTN, and the 2024 AIAG - Automotive Industry Action Group #QualitySummit in #NoviMI. It was great to see the engagement at both of these events. Everyone was there to connect, participate, learn, and share. At the #SAC we covered talent development, navigating new #APQP/CP requirements, Tennessee's commitment to the Automotive Industry, and we discussed forecasting and #futuretrends. I appreciate all the representatives from Volkswagen Group, The University of Tennessee at Chattanooga, AIAG - Automotive Industry Action Group, General Motors, Bank of America, Tennessee Department of Economic and Community Development, Toyota Motor Corporation, and Nissan Motor Corporation that took time to share their experiences and vision with all of us. At the #AIAG #QualitySummit we talked about automated control plans in highly automated processes, how data is the new capital in #Manufacturing #Quality, #SafetyAssurance in #Recalls for automated driving systems, #Quality in the field, and the transition from physical to digital #Quality. A special thank you to all of those that presented from Stellantis, Ford México, Micron Technology, Plex, by Rockwell Automation, General Motors, Dana Incorporated, ZF Group, and AIAG - Automotive Industry Action Group, you did an excellent job putting all this content together! It was great to see familiar faces and also great to meet new people like - William West, Tyler Biggs, Jim Skelton, Scott Urton, Marvin C., Brent Long, Olivia Janssen, Ashley Claus, Judy Hall Fee KOWA, Lina Bucci, Cristiana Mol, Maureen Mallett, Rohan Shingare, Suresh Dalavayi, atsuhiko goto (thank you for the sushi recommendation), and Arnulfo Alcala! As always, a special thank you to those who put this all together - Lynsey Delane, and Shannon Osburn, AAMA, AIAG - Automotive Industry Action Group - Ladies, you do a great job every time! We enjoyed seeing everyone at these events but if you still have questions or would like to learn more, please feel free to reach out. If you would prefer to check out our website you can find us at: www.lexon-corp.com. Thanks again everyone, see you next year! #LEXONCORP #AutomotiveIndustry #Innovation #Collaboration #IndustryLeaders #AutomotiveManufacturing #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #Kaizen #Muda #JIT #MinimizeWaste #ContinuousImprovement #StandardizedWork #DublinOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #QR #RFID #Industry4 #Cloud #OnPrem #RealTimeData #Cybersecurity #CybersecurityAwarenessMonth #AAMA #MAMA #GAMA #TAMA #SCAC #AIAG #SAC #Quality

October marks Cybersecurity Awareness Month - A timely reminder for manufacturers, tier suppliers, warehouses, and third-party logistics (3PL) professionals in the automotive supply chain to prioritize digital security. With the automotive industry’s increasing reliance on technology, from connected manufacturing systems to automated logistics, the risk of cyber threats has never been higher. Cyberattacks on the supply chain can have devastating impacts including operational downtime, loss of intellectual property, and damage to critical infrastructure. As automotive manufacturers adopt Industry 4.0 technologies like IoT, AI, and cloud-based platforms, the attack surface for hackers grows, making cybersecurity an essential investment for all stakeholders. Tier suppliers are at higher risk as they often act as the gatekeepers of sensitive data and proprietary systems. Cybercriminals can exploit vulnerabilities in their systems to gain access to OEMs or other partners in the supply chain. Warehouses and 3PL providers also face risks as they manage real-time data and complex inventory systems. A single breach could disrupt the entire chain resulting in delays, financial losses, and reputational damage. This Cybersecurity Month, lets focus on adopting a proactive approach by implementing robust cybersecurity protocols. Regular software updates, data encryption, employee training, and the use of secure, vetted SaaS solutions are crucial. By securing every link in the supply chain, we ensure that the industry continues to drive forward—safely. #LEXONCORP #AutomotiveIndustry #Innovation #Collaboration #IndustryLeaders #AutomotiveManufacturing #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #Kaizen #Muda #JIT #MinimizeWaste #ContinuousImprovement #StandardizedWork #DublinOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #QR #RFID #Industry4 #Cloud #OnPrem #RealTimeData #Cybersecurity #CybersecurityAwarenessMonth

📌 Lexon Corporation at the 2024 AIAG Quality Summit! 📌 Attention valued partners, clients, and industry peers! 👀 We're thrilled to announce that we will be exhibiting at the 2024 AIAG Quality Summit Thursday, October 3rd-Friday, October 4th at the The Suburban Collection in Novi, MI. As leaders in our industry, we recognize the importance of continuous learning, networking, and collaboration. We look forward to sharing insights and connecting with all attendees. Join us, engage with our team, and let's keep the #Quality conversation going! 📍 Save the date and come say hello, we'll be at booth #13! #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #Kaizen #Muda #JIT #MinimizeWaste #ContinuousImprovement #StandardizedWork #DublinOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #RFID #EV #AIAG #AAMA #thesuburbancollection #NoviMI #Quality #AIAGQualitySummit

📌 Lexon Corporation at the 2024 Southern Automotive Conference! 📌 Attention valued partners, clients, and industry peers! 👀 We're thrilled to announce that we will be exhibiting at the 2024 Southern Automotive Conference Monday, September 30th-Tuesday, October 1st at the #ChattanoogaConventionCenter in Chattanooga, TN. As leaders in our industry, we recognize the importance of continuous learning, networking, and collaboration. We look forward to sharing insights and connecting with all attendees. Join us, engage with our team, and let's keep #ChargingForward! 📍 Save the date and come say hello, we'll be at booth #55! #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #Kaizen #Muda #JIT #MinimizeWaste #ContinuousImprovement #StandardizedWork #DublinOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #RFID #EV #AIAG #AAMA #TAMA #SAC #SouthernAutomotiveConference #ChargingForward #Chattanooga #Tennessee #ChattanoogaConventionCenter

Enhanced Visibility & Transparency: In the automotive industry, where the supply chain is complex and global, having real-time insights into inventory levels, production schedules, and shipment statuses is crucial. This transparency allows companies to closely monitor the movement of parts and materials from suppliers to manufacturing plants and ultimately to customers. Improved Responsiveness & Agility: Real-time data enables companies to respond quickly to changes. For example, if a delay is detected in the delivery of critical components, real-time data allows for immediate adjustments to production schedules or the rerouting of shipments. This agility is essential for maintaining continuous production and meeting customer demands. Optimized Inventory Management: Companies are able to maintain optimal inventory levels with accurate, up-to-the-minute information. This reduces the risk of overstocking or stockouts, both of which can have significant financial impacts. By leveraging real-time data, automotive companies can implement just-in-time (JIT) inventory practices, minimizing carrying costs and improving cash flow. Enhanced Collaboration & Coordination: When all manufacturers, suppliers, and logistics providers have access to the same real-time information, they can work together more effectively to address issues, streamline processes, and optimize the overall supply chain. Data-Driven Decision Making: Real-time, accurate data empowers decision-makers to make more informed and effective decisions, whether it’s adjusting production schedules, reallocating resources, or negotiating with suppliers. Data-driven decisions help automotive companies stay competitive by reducing costs, improving efficiency, and enhancing overall performance. Risk Mitigation: Supply chain disruptions can have significant consequences leading to production delays, increased costs, and customer dissatisfaction. Real-time data plays a crucial role by enabling early detection of potential issues, such as supplier delays, quality control problems, or logistical bottlenecks. Conclusion: In the automotive industry, the supply chain is the backbone of production and real-time data is indispensable. Leveraging this data helps companies maintain a competitive edge and meet customer demands efficiently and effectively. #LEXONCORP #AutomotiveIndustry #Innovation #Collaboration #IndustryLeaders #AutomotiveManufacturing #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #Kaizen #Muda #JIT #MinimizeWaste #ContinuousImprovement #StandardizedWork #DublinOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #QR #RFID #Industry4 #Cloud #OnPrem #RealTimeData

LEXON CORPORATION would like to thank all of the speakers, panelists, exhibitors, attendees, and organizers for last week's 2024 AAMA EV Summit in Birmingham, Alabama! #LEXONCORP #AutomotiveIndustry #Innovation #Collaboration #IndustryLeaders #AutomotiveManufacturing #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #Kaizen #Muda #JIT #MinimizeWaste #ContinuousImprovement #StandardizedWork #DublinOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #QR #RFID #Industry4 #Cloud #OnPrem #AAMA

Cloud SaaS Deployments: Scalability: Cloud SaaS platforms can quickly scale up or down based on business needs. Cost-Efficiency: SaaS solutions typically require minimal initial investment. Costs are spread out with a subscription model. Maintenance, updates, and IT support are generally handled by the SaaS provider. Accessibility and Flexibility: SaaS platforms are accessible from anywhere with an internet connection. SaaS solutions can be implemented rapidly, often within hours or days, without the need for extensive setup. Automatic Updates and Maintenance: SaaS provider handles all updates and patches, ensuring that users always have access to the latest features and security enhancements without downtime. Disaster Recovery & High Availability: Many SaaS providers offer disaster recovery options and data redundancy across multiple geographic locations. On-Prem Deployments: Control and Customization: Organizations have complete control over their IT infrastructure, allowing for customization and fine-tuning to meet specific business needs. On-premise deployments allow companies to implement and manage their own security protocols. Performance and Latency: On-premise systems can be optimized for performance, particularly in environments where low latency and high-speed processing are critical. Data Sovereignty and Compliance: Organizations retain full control over their data, which can be important for industries with strict data sovereignty or regulatory requirements. Integration with Legacy Systems: On-premise solutions can be more easily integrated with existing legacy systems and infrastructure, which may not be possible or practical with cloud-based solutions. Long-Term Cost Management: Over time, on-premise deployments can become more cost-effective as the initial capital investment is amortized, and there are no ongoing subscription fees. Cloud SaaS Deployments offer flexibility, scalability, cost-efficiency, and ease of access, making them ideal for businesses that need to quickly adapt to changing conditions or scale operations without significant upfront investment. On-Premise Deployments, provide greater control, customization, and security, which can be critical for organizations with specific regulatory requirements, performance needs, or legacy systems that need to be integrated. #LEXONCORP #AutomotiveIndustry #Innovation #Collaboration #IndustryLeaders #AutomotiveManufacturing #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #Kaizen #Muda #JIT #MinimizeWaste #ContinuousImprovement #StandardizedWork #DublinOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #QR #RFID #Industry4 #Cloud #OnPrem

LEXON CORPORATION would like to thank York Golf Club for hosting us at the Ronald McDonald House Charities golf outing this past Monday. The weather was absolutely perfect, we were able to raise money for a good cause, and great times were had by all! #LEXONCORP #AutomotiveIndustry #Innovation #Collaboration #IndustryLeaders #AutomotiveManufacturing #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #ContinuousImprovement #DublinOH #ColumbusOH #WorthingtonOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #QR #RFID #Industry4 #YorkGolfClub #RonaldMcDonaldHouseCharities #Golf #Fore Chris Minnie Satish Barapatre Chad Rittgers Aaron Buschor

Industry 4.0, the Fourth Industrial Revolution, is transforming automotive manufacturing and the automotive supply chain by integrating advanced digital technologies, leading to smarter, more efficient, and more flexible operations. Key Components: Internet of Things (IoT): Connected devices collect real-time data, enabling predictive maintenance and reducing downtime. Big Data and Analytics: Advanced analytics optimize logistics, inventory management, and inform data-driven decisions. Artificial Intelligence (AI) and Machine Learning (ML): These technologies automate tasks, enhance quality control, and optimize production schedules. Robotics and Automation: Autonomous robots and cobots handle tasks with high precision, improving productivity and reducing errors. Additive Manufacturing (3D Printing): Accelerates prototyping and enables on-demand production of customized parts, reducing waste and costs. 3D Printing also allows for the rapid development and production of tools and fixtures. Cyber-Physical Systems (CPS): Integrate physical processes with computational models for real-time monitoring and control. Cloud Computing: Provides scalable resources for data storage, processing, and enhances collaboration. Augmented Reality (AR) and Virtual Reality (VR): Used for training, maintenance, and visualizing complex processes. Benefits: Efficiency and Productivity: Streamlined production processes and reduced cycle times. Quality and Precision: Higher quality standards and fewer defects. Flexibility and Customization: Greater ability to meet specific customer demands. Supply Chain Transparency: Enhanced visibility allowing proactive management of risks. Cost Reduction: Lower operational costs through optimized processes and predictive maintenance. Sustainability: Reduced waste and environmental impact. Challenges: Data Security: Protecting sensitive information. Integration Complexity: Enhancing existing systems with new technologies. Workforce Adaptation: Training and upskilling employees. Initial Investment: High upfront costs for technology and infrastructure. Industry 4.0 is revolutionizing automotive manufacturing and the automotive supply chain by integrating advanced digital technologies, leading to smarter, more efficient, and more flexible operations. #LEXONCORP #AutomotiveIndustry #Innovation #Collaboration #IndustryLeaders #AutomotiveManufacturing #LexonCorporation #OEMSupplier #OEMManufacturer #OEMParts #OEMFactory #Innovation #AutomotiveSupplier #AutomotiveSupplyChain #Tier1 #Tier2 #Tier3 #CostReduction #Technology #Efficiency #Standards #Compliance #Shipping #Logistics #WarehouseManagement #InventoryControl #LeanManufacturing #ContinuousImprovement #DublinOH #ColumbusOH #OCI #FIFO #EDI #ASN #DemandManagement #LotTraceability #InventoryManagement #Inventory #SupplyChainManagement #Barcode #Labels #QR #RFID #Industry4