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Although automotive production, sales, and profits have recovered from the recent economic crisis, automotive suppliers continue to face a challenging business environment that will exert continuing pressure on their financial health. Suppliers’ revenues are under siege on all sides: pressure to reduce prices is increasing while banks and investment firms remain wary of the automotive sector. Suppliers are called on to provide more value to the automotive value chain─while running leaner, more efficient operations ─ than ever before.
In order for suppliers to respond to these demands, access to capital, as well as optimized money management is a must. Despite the recent economic recovery, money─for acquisitions, restructuring, or growth─remains challenging to obtain and manage. This session will strive to support supplier executives as they contend with this challenging industry environment. Speakers will include purchasing executives from automakers, automotive industry analysts from investment institutions, and supplier executives who have guided their firms through these challenges. Together, these speakers will paint a complete picture of the business environment currently faced by automotive suppliers and the paths that can lead them to prosperity.
SESSION SPONSOR:
Chair:
Bernard Swiecki, Director, Market Analysis, Center for Automotive Research Audio
Speakers:
Mark Morante, Senior Vice President, Policy, Program Management and Governmental Affairs, Michigan Economic Development Corporation Presentation
Mike Jackson, IHS Automotive Presentation
Dan Knott, Senior Vice President, Purchasing and Supplier Quality, Chrysler Group Presentation
Birgit Behrendt, Director, Global Programs and the Americas Purchasing, Ford Motor Company Presentation Not Available
Rebecca Vest, Vice President, Purchasing, Renault-Nissan Purchasing Organization Presentation Not Available
5-7 p.m. Networking Social Hour: Under the Yellow Tent
Social Hour Sponsored by:
  
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