Restart Michigan Webinars with KPMG

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.

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.

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.

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.

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.