Embed Size (px)
Citation preview
1
J. Paulsen, Financial Consultant Automobile Industries
S. Clausing, Financial Consultant Asian Pacific Markets
T o m p k i n s & K o s t e r s Financial Consulting Solutions
04/13/2023
2
What we do for you!
Our competences: Problem indication Elaboration of cost reduction approaches Professional consulting during and after
execution
Financial point of view
T o m p k i n s & K o s t e r s Financial Consulting Solutions
$ $
3
Agenda
Current situation Problems Solution approaches Conclusion and forecast Q&A’s
T o m p k i n s & K o s t e r s Financial Consulting Solutions
4
Current Situation
4 day working week Average salaries in production: 2,480€ Suppliers
34 A-Good Suppliers Fierce international competition
Market share declining
T o m p k i n s & K o s t e r s Financial Consulting Solutions
5
Problems
Production costs 40% higher than similar car manufacturers High salaries High material costs Competitors able to offer cheaper cars
Productivity ( ) 4-day working week low output High input (e.g. production costs)
T o m p k i n s & K o s t e r s Financial Consulting Solutions
outputinput
6
Solution Approaches (1/3)
Outsourcing to far east countries 1/5 average salary costs Transfer of key positions Growing market
T o m p k i n s & K o s t e r s Financial Consulting Solutions
7
Solution Approaches (2/3)
Limit number of suppliers Risk management vs. bulk discount Detailed benchmarking of A-Good suppliers
JIT delivery for A-Goods Lower inventory costs Lower capital bindings
T o m p k i n s & K o s t e r s Financial Consulting Solutions
8
Solution Approaches (3/3)
Remove 4-day working week 5-7-day working week (depending on
demand) Lower set-up costs Higher output possible
T o m p k i n s & K o s t e r s Financial Consulting Solutions
9
Conclusion and forecast
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
0
5
10
15
20
25
30
35
40
45
total costssalary costsmaterial costsoutsourcing costsin
bill
ion
€ up to10 billion €
cost reductionT o m p k i n s & K o s t e r s
Financial Consulting Solutions
10
Do you have any
Questions?
T o m p k i n s & K o s t e r s Financial Consulting Solutions
