Gearing up for growth – Speed, agility and cost-efficiency; the future of the automotive supply chain
New UK car sales have accelerated to a ten-year high. Fuelled by PPI compensation windfalls, attractive finance deals, and shorter buying cycles (due to perceived savings from the efficiency of new cars), the automotive market, at last, appears to be on the road to recovery following six years of decline.
Get up to speed
New UK car sales have accelerated to a ten-year high. Fuelled by PPI compensation windfalls, attractive finance deals and shorter buying cycles (due to perceived savings from the efficiency of new cars), the automotive market at last appears to be on the road to recovery following six years of decline. The rest of Europe looks equally promising. Demand is strong and on the increase; IHS Automotive predicts global auto sales will climb to 85 million this year and increase steadily through to 2018 when annual auto sales are forecast to top 100 million.
The industry however, remains complex and highly competitive, compounded by the after-effects of the recession, rising energy costs and increasing globalisation. Despite its historical reputation for effective supply chain management, the automotive industry is yet to fully mature its processes to manage multi-tier supply chain operations and handle fluctuations in demand.
As the demand accelerates, it is crucial automotive companies balance growth, visibility, profitability, cycle times, demand and complexity to build strong, resilient organisations. Integrated Business Planning, coupled with mature demand management processes, not only gives suppliers the control they need over their own operations, but also provides the foundation for improved supply chain management and collaboration.
Les is an integral part of the company and its operations. Working with a diverse client base, from automotive through to CPG, Les has established a track record for delivering high-performance business improvement.
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