As a consequence of recent tax law changes in Hungary, as of January 1,
2015 certain activities relating to road transport may solely be carried out by
taxpayers who are in possession of a valid identification number (EKAER number)
issued by the Electronic Control System of Road Transport (Hungarian
In the automotive industry, there are many supply
processes which do not rely on stock, such as Just in Time (JIT) or Just in
Sequence (JIS) deliveries. However, these processes are not always appropriate
and stocks are often used to ensure a seamless production process and insure
against any possible disruption in the supply chain.
In cases where an invoice for
goods shipped to another EU country is exempt from VAT, or applies the VAT
reverse charge procedure, companies based in Germany are required by law to
provide documentary evidence that the goods have physically reached the
recipient in the other EU country.
has established a European work group in order to share information arising
from various reviews of automotive logistics labelling standards which are currently
being undertaken at the national level in several Odette countries.
Management has been the cause of many debates over the years in the automotive
industry and there has never been a clear simple solution to the many issues
that companies, especially suppliers, have been facing.
This new Odette publication has been developed following the
issuing of the EU Second Directive on VAT Invoicing 2010/45 and its
implementation in the national legislation of the EU Member States. The
directive was issued with the intention of harmonising VAT eInvoicing practices
within the EU and Member States were obliged to bring their national legislation into line before
Latest automotive statistics from Turkey January 2015
The Odette OFTP2 Experts Group regularly reviews the OFTP2 protocol in order to ensure that it always meets current business and security requirements. The Group has recently recommended several updates to the OFTP2
Implementation Guidelines to ensure that the extensive OFTP2 community
Current labelling standards including the Global Transport
Label were developed several years ago and it has become apparent that they are
not completely meeting the latest business requirements. Several initiatives
have been proposed at national level with the aim of reviewing and updating the
various solutions currently in use, with work scheduled to start in some cases
as early as Q1 2015.
In order to identify the challenges and decide future
directions for co-operation in the automotive supply chain, Odette has created
a new Supply Chain Management Council (SCMC) comprising senior managers from
European vehicle manufacturers, Tier 1 suppliers and some major LSPs.
first meeting of the SCMC was held on 1st Oct 2014 in Düsseldorf assisted by
the Fraunhofer Institute who shared their thoughts on the future and moderated
discussions around topics previously identified as having the potential for
A summary of Odette International activities over the past 12 months.
Automotive production in Thailand has increased significantly over the
past twenty years and has now reached more than 2.5 million vehicles per year
from 24 manufacturers taking it into the top 10 in the world. The local supplier base has expanded similarly and now numbers over 2000
companies. In order to ensure that these suppliers attain and maintain world
class performance, many OEMs are requiring or encouraging them to implement the
Odette Global MMOG/LE, the most
significant logistics performance improvement tool in the word today.
During the development of the Supply Chain Risk Management Guidelines,
the project team created a Risk Categorisation Matrix, comprising
details of the possible Supply Chain risks and their causal factors.
Analysis of the matrix showed that one of the OEM’s primary Supply Chain
risks is the availability of adequate and proven production capacity at
the supplier’s site.
For many years organisations have used contingency
plans to mitigate the worst effects of a potential supply risk. However, with
companies now requiring ever-greater flexibility, shorter lead times and
reduced inventories from their long-distance, global supply networks the
probability of a supply failure has become heightened.
Odette and AIAG are pleased to announce the
release of Version 4 of the Global MMOG/LE tool for logistics capability
Global MMOG/LE V4 now incorporates two separate
- An updated “Full Assessment” , usually used by OEMs and Tier1s, which now contains 197 criteria compared to 206 criteria in Version 3.
- A new “Basic Assessment” ,
specifically designed for Tier2+ suppliers, covering 106 of the 197 criteria,
focusing on the core fundamentals of logistics best practice.
aware of the vulnerability, dubbed "Heartbleed", which is a security
concern for users of OpenSSL, a widely-used open source cryptographic software
library. Please be assured that certificates issued by the Odette CA are NOT AFFECTED by
this bug but we advise all OFTP2 users to check with their OFTP2 software
provider whether there is any threat caused by the OFTP2 application due to usage
of openSSL v1.0.1
In 2010, Odette published its Guidelines to eInvoicing Practices including an overview of national eInvoicing Requirements.
Since the publication of these Guidelines, the legal context
has evolved with the release of the VAT EU Directive 2010/45 and its implementation in national legislation of the EU member states. It is now
necessary to review the latest industry practices.