Automotive
Restructuring & Turnaround
Bankruptcy-Driven Transfer Stabilises Supplier Operations
How a rapid, controlled supplier transfer preserved supply continuity and stabilised operations following a bankruptcy event.
INDUSTRY: Automotive Manufacturing
SERVICES: Relocation and Consolidation
Situation.
The client was facing severe financial problems but was planning to restructure their plants. However, they were not prepared for a successful transition and were unable to achieve it without harming the customer base.
Actions.
- Implemented structured planning approach and accountability.
- Created PFEP (Plan for Every Part) including a tool transfer process (both internally within in the company and externally to third parties).
- Increased OEE (Overall Equipment Effectiveness) to ensure available capacity of remaining sites.
- Utilized various Seraph manufacturing tools for analysis and guide for improvement: bank build models, customer requirements runout models, capacity analysis tools, and OEE improvement step-up models.
Results.
- Successfully increased production and transferred process for 5 facilities.
- Reduced the manufacturing footprint by relocating 2 facilities.
- 8 OEM and 31 low-volume customers moved.
- 146 tools moved and 58 tools transferred.
- Improved OEE by ~20% pts.
- Zero missed shipments
