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A Supplier's Guide to Thriving in the Automotive Industry's New Financial Landscape
From a global perspective, the automotive industry is in a growth phase. In the past, expansions could be counted on to provide a rising tide to lift all boats. This period of expansion, however, is different--growth in a few geographic areas and product segments is accompanied by contractions and financial struggles in others. Suppliers are called on to provide more value to the automotive food chain while running leaner, more efficient operations than ever before. They must also compete in an environment that calls for integrated international operations that function as a truly global enterprise--a smattering of overseas operations to provide international scope is no longer enough.
In order for suppliers to respond to these demands, access to capital, as well as optimized money management, is a must. Particularly in North America, overall economic contraction has made money--whether for acquisitions, restructuring, or growth--challenging to obtain and manage. How can suppliers best learn what they need to know to thrive in this environment? This session seeks to answer that question by bringing "The Money" to Traverse City. Vice presidents of procurement from three major manufacturers, presenters from private equity investment firms, a Strategy consultant and a supplier executive who has experienced a private equity-led restructuring will comprise the panel. They will discuss the nature of the automotive industry's new financial landscape and what suppliers need to do to thrive (globally), as they adapt their firms to deal with this challenging new environment.
Chair:
Bernard Swiecki, Senior Project Manager, Economics and Business Group, Center for Automotive Research
Speakers:
Bo Andersson, Group Vice President, Global Purchasing and Supply Chain, General Motors Corporation
Tony Brown, Group Vice President, Global Purchasing, Ford Motor Company
John Campi, Executive Vice President, Procurement, Chrysler LLC Presentation
John Casesa, Managing Partner, Casesa Shapiro Group LLC Presentation
Scott Merlis, Managing Director, Ducker Advisory, Ducker Worldwide LLC Presentation
Douglas Grimm, Chief Executive Officer, Citation Corporation Presentation
Juergen Reers, Partner and Member, North American Management Team, Roland Berger Strategy Consultants
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