"There is nothing wrong with change, if it is in the right direction. "
The automotive and ancillary industry is driven by employment as well as interest rates. Profitability of a company is dependent on efficient manufacturing processes, product quality and effective marketing strategies. The use of assembly lines and flexible manufacturing is prevalent in the industry. Technology has also brought to the assembly lines the use of computer automation and advanced robotics further increasing quality and efficiency.
Effectiveness in the automotive and ancillary industry is dependent on high levels of expert supply chain management in order to coordinate all stages of production. Many companies are now using principals which deliver sub assemblies and parts on the same day in order to reduce inventory and carrying costs. Larger companies utilize economies of scale in purchasing to gain strategic advantage, while smaller companies are often forced to specialize in order to compete in the industry
Problems in the industry:
- Network optimisation
- Sourcing & Procurement
- Inventory optimisation
- Supply chain strategy
Global Supply Chain Group works hand in hand with the automotive industry to develop the best supply chain strategies as well as implementing the most cost-effective inventory and acquisition methods.