How Automotive Suppliers Can Map A Holistic Strategy

Study on the Challenge of Globalization

Author: Lars Stolz

Publication Date: 12/2/2008

The Oliver Wyman study "The challenge of globalization" shows that "globalization" will be one of the most critical success criteria for automotive suppliers in 2015 - just behind "customer orientation," "entrepreneurial action" and "cost position." Suppliers must adapt their strategies much more aggressively to the demands of global competition to strengthen their companies' ability to survive. Oliver Wyman has identified five steps for developing a sustainable globalization strategy. As a result, cost positions can be improved, and revenues and earnings optimized.