Successfully addressing operational issues to improve cashflow is critical for supplier survival as the automotive industry roars back to life.
In a crisis, when the business is at risk or customers are distraught, it is not about the niceties of “the how.” It is a total focus on positive action to identify the root cause, show customers a credible plan, and then execute.
Once the risk is contained, we will transition to facilitation and coaching roles until the new performance level is “business as usual” for the in-house team.
Where necessary, we will place members of our team in senior positions in an engineering or manufacturing facility to manage it on our client’s behalf to contain the business risk.
News reports coming out of China in the last week have already shown this will be challenging and require new operational protocols. Surprises at startup may end up costing precious time.
The DPA can mean the prioritization of government contracts over that of private contracts. An increase in government orders is already taking place and can be expected to increase. What it could also mean is that funds are allocated towards an expansion of capacity at your facility. Loan guarantees can also be made available for people or supplies needed to expedite production capabilities and modernize equipment.