Fostering a Culture of Continuous Cost Improvement

UHY’s 2024 Automotive Update was hosted live at the M1 Concourse in Pontiac, MI.
The session included insights on automotive supplier strategy, global and U.S. automotive production and economic forecasts, operational efficiency and procurement frameworks, focal points of costing and quoting and the impact of CO2 reporting requirements, and an in-depth conversation with the Senior Manager of Product Program Cost Optimization of General Motors. Throughout the event, key automotive industry trends emerged, and our specialists shared how automotive suppliers can ramp up their focus on continuous cost improvement.

Our speakers explained and elaborated on critical topics for automotive suppliers
such as:

•  The current state of the electric vehicle (EV) transition and automotive production
•  The industry impact of the 2024 U.S. presidential election
•  Production forecasts for the U.S. and the global environment, a breakdown by vehicle type, inventory levels and many more critical data points
•  Creating meaningful change and driving toward continuous cost improvement
•  Optimizing procurement processes
•  Cost reduction, effective quoting, and CO2 reporting obligations for suppliers
•  In-depth insights on costing at General Motors from the Senior Manager of Cost Optimization

Watch the recording of our recent event to hear from true industry leaders and gain invaluable knowledge that you can apply to your company or skim through the sections that are relevant to you to maximize your time.

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