 The global automotive industry continues its robust growth as competition intensifies between original equipment manufacturers (OEMs) and suppliers. Japanese suppliers in the U.S. market face a unique and complicated situation. They have to expand operations to meet the growing needs of their OEM customers. The range of these business needs and challenges include pressures relative to the environment, customers, industry, competitors and economy. The recently launched Deloitte Consulting LLP point of view, "Managing Growth: Key Challenges in North America Facing Japanese Automotive Suppliers," explains that to grow profitably in this turbulent business environment, Japanese automotive suppliers must cut costs as well as make strategic investments that add value. Suppliers should focus on building new capabilities in four key areas: - Revenue enhancement
- Margin realization
- Risk mitigation
- Management excellence
To learn more about the challenges and opportunities in creating a value chain, download the point of view below.
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