Automotive manufacturers continue to face punishing conditions. Recent IDC Manufacturing Insights research shows that – driven by the need to cut costs, grow existing customer bases and improve productivity – manufacturers are racing for survival. How do you fare against those when it comes to the top initiatives?
Improving customer fulfillment
Given the knock-on effects of low consumer confidence in developed economies, automotive manufacturers know it is critical to keep active, existing customers happy. Are your customer-facing processes – from order processing to aftersales - up to the job?
Reducing manufacturing operational costs
Excess production capacity, inventory and work-in-progress eat into profit. Combined with poor quality and high production costs, especially raw materials, they can kill a company. Do you know where to look for, and how to trim, the fat from your manufacturing operations?
New product design and introduction (NPDI)
Automotive manufacturers in Western Europe find it harder to quickly launch innovative new products to market because silos of information and disparate processes exist. Are your collaborative capabilities good enough? Are your NPDI processes streamlined?
To ensure you are not one of the automotive manufacturers overtaken by increased costs and an inability to respond to customer demand.
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