Cofinity-X platform aims to improve supply chain transparency

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The establishment of the Cofinity-X data exchange platform comes at a time when the auto industry is looking for more supply chain transparency to avoid disruption and improve sustainability 

The Cofinity-X joint venture currently involves carmakers, BMW, Mercedes-Benz and VW, along with suppliers BASF, Henkel, SAP, Schaeffler, Siemens, T-Systems, and ZF. The joint venture will run an open marketplace that provides business applications and other services for secure data transfer between carmakers, suppliers and their service providers. 

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