The Society of Motor Manufacturers & Traders (SMMT) has launched its revamped Automotive Supplier Finder (ASF) – an online platform that matches car buyers with suppliers.
The platform is the largest database of its kind, with close to 10,000 companies currently listed. Listing is free for all automotive firms operating in the UK and now features Request for Information (RFI) and Request for Quotation (RFQ) capabilities.
An advanced filtering function mentions users can search for results configured to their exact requirements. ASF also has the ability to search for companies operating in the connected, autonomous and electrified sectors. The platform boasts an extensive automotive ecosystem, including Tier 1 and Tier 2 suppliers, original equipment manufacturers, raw materials producers, legal experts, software providers, recruitment companies and logistics firms.
“Growing the UK automotive supply chain is a key aim of SMMT, especially at a time when Brexit and the shift to connected and autonomous vehicles are significant challenges to the sector,” said Mike Hawes, chief executive at the SMMT.
“The new and improved ASF is an invaluable resource, helping to boost new business opportunities and encouraging collaboration within the industry.”
The service is free to use, and open to all relevant companies worldwide.
The announcement comes as the SMMT hosts its regional forum in Luton to assess current automotive challenges and opportunities for sectoral growth in the area. More than 200 SMMT members and delegates are expected to attend the event, with representatives from brands including Eurotunnel, IBM, Toyota Motor Europe, Vauxhall Motors LTD and Volkswagen Group UK.
Latest figures from the SMMT revealed a 6.7% year-on-year decline in new car registrations. SMMT attributed the decline to the tough environment for businesses and consumers find themselves in – with economic and political uncertainty impacting confidence.
Hawes added: “Whether the general election delivers a ‘bounce’ to the economy remains to be seen, but with attractive deals and an ever-greater choice of low, ultra low and zero emission models arriving in the UK’s showrooms, consumers have every incentive to consider buying a new car.”