COVID-19 has disrupted operations for Michigan’s automotive industry, and transitioning to the “new normal” post-pandemic will not be easy. View resources for automotive OEMs and suppliers on how to prepare to restart operations safely and cost-effectively while prioritizing the health of employees.
Restart: Automotive Best Practices
Restart Michigan with KPMG: Supply Chain Management Series
The COVID-19 global pandemic has exposed serious faults in existing supply chains and has accelerated the notion of economic nationalism. The four truths that most supply chains are built upon are no longer true, thus setting the stage for supply chain’s new world order.
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Watch: Going the Distance: Mapping Your Next Steps for Long-Term Success
The session will focus on three strategic areas upon which companies must focus in order to move forward and thrive during these uncertain times including embracing digital transformation, developing an innovative learning culture, and planning for the unexpected.
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Moving Forward: Auto and Mobility Marketing and Communications Post-COVID
The coronavirus pandemic is unlike anything the automotive and mobility industry has ever seen or could have ever foreseen when developing marketing and communications strategies for 2020.
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Watch: Tariff Recovery and Finding Cash Now Series
Many suppliers struggle with the plant floor operating system, which is now also being fundamentally altered. The turnaround begins with a foundational “blocking and tackling” approach to COGS reduction to offset underperformance, including realigning the behaviors on the floor to the new operating system.
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KPMG Restart Michigan Auto Series Features Best Practices to Know Now
As businesses restart and begin operating in the “new normal,” understanding the unique challenges and strategies of crisis management and business continuity planning is paramount. This includes monitoring and managing cash flow and liquidity.
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Gerald Johnson: Need to Protect Both Lives and Livelihood
With Gov. Gretchen Whitmer’s decision to allow manufacturing to resume, General Motors Co. is currently transitioning its workforce back to work. Executive Vice President of Global Manufacturing Gerald Johnson joined Chamber President and CEO Sandy K. Baruah in today’s Tele-Town Hall to share firsthand how the company pivoted to produce ventilators and its strategy in resuming operations.
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Watch: Hands-On Restructuring: In-Plant Cost Reductions and Behavior Change
Many suppliers struggle with the plant floor operating system, which is now also being fundamentally altered. The turnaround begins with a foundational “blocking and tackling” approach to COGS reduction to offset underperformance, including realigning the behaviors on the floor to the new operating system.
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Watch: Assessing Liquidity And Potential Business Transfer Repercussions
As businesses restart and begin operating in the “new normal,” understanding the unique challenges and strategies of crisis management and business continuity planning is paramount. This includes monitoring and managing cash flow and liquidity.
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Manufacturing to Re-open May 11, Allowing for Sequenced Automotive Restart
Today, Governor Gretchen Whitmer signed an Executive Order extending her “Stay Home Stay Safe” order until May 28. The order also allows Michigan’s manufacturing sector, including the automotive industry and Michigan’s Big 3, to open in phases starting on Monday, May 11.
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Readiness Essentials Checklists for Warehouse, Retail
As we move towards a post-COVID-19 recovery, companies that halted operations will soon face a new challenge – maintaining social distancing guidelines in manufacturing and distribution center environments.
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Watch: Automotive Operational and Financial Restructure
As automotive manufacturers prepare to return to work, there are many financial and operational considerations. New safety, sanitation and hygiene procedures are all part of the “new normal” for manufacturers as plants begin to reopen after shutting down due to COVID-19.
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Middle Market: Positioning to Reopen and Rebound
It’s no secret that the COVID-19 crisis is negatively impacting business operations for most middle market companies — 86% of them, in fact, according to the National Center for the Middle Market. Despite this, most companies are confident in their resilience.
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