Improving Cost Management in the Automotive Supplier Industry

| Point of View

A new Capgemini study uncovers four key levers that offer automotive suppliers potential for significant cost reduction.

Capgemini’s Cost Management in the Automotive Supplier Industry study, which included interviews with more than 20 leading tier 1 automotive suppliers, found that while cost reduction in traditional expense categories such as finance control, procurement, manufacturing, HR and admin have brought short-term benefits, suppliers could be doing more to address additional cost categories that have until now been overshadowed: customers, innovation, products and globalization.