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Automotive Industry
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The automotive industry is a leader in many areas of manufacturing, procurement, product development and logistics.
Issues facing this sector include over-production, tightening margins, rising oil prices and climate change. In response, business improvement projects, supply chain streamlining and Six Sigma are some of the many projects and change programmes that must be resourced.
Automotive component suppliers are embarking on major change, with their number expected to decrease tenfold by 2010. Mergers and acquisitions will deliver much of this rationalisation which in turn will create huge restructuring challenges for the companies involved.
First-tier automotive suppliers are reinventing themselves as strategic partners – this is altering profoundly the working relationship they have with manufacturers, who in turn are increasingly becoming assemblers.