Watch: Hands-On Restructuring: In-Plant Cost Reductions and Behavior ChangeMay 11, 2020
Underperforming plants have always been a costly problem for the automotive industry, which is only magnified as a result of COVID-19. Attacking COGS (cost of goods sold) also means understanding the numerous root causes related to underperformance. 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.
Who Should Participate?
Keith Updike, Co-Lead, KPMG Manufacturing Performance Improvement CoE