There's no place to hide and ride out the fundamental transformation underway in the automotive industry today. Ignore changes caused by this transformation and you risk your long-term survival. But with pains can come gains, and innovative automotive executives know there's a way to turn today's adversity into long-term business advantage.
Trends, Challenges, and Solutions
for Success in the Global
Automotive Industry
An Infor Manufacturing Essentials
for Automotive White Paper
whitepaperTABLE OF CONTENTS: PAGE
Infor Company Overview ..............................................................................................3Executive Summary ....................................................................................................4There's Change: Seven Trends Driving Automotive Companies .........................................5There's Pain: Times are Challenging for Automotive Companies ......................................8There's Hope: Attributes for Success in Automotive ......................................................10The Solution: Infor Manufacturing Essentials for Automotive .........................................12Conclusion ...............................................................................................................14INFOR COMPANY OVERVIEW
Infor is the world's third largest provider of enterprise software, helping 70,000 customers in 100 countries solve their business problems. Infor's 8,100 employees are dedicated to assisting companies that lead global change in improving their business performance. With annual revenue near $2.1 billion, Infor is the tenth largest and one of the fastest growing software companies in the world.
Over a period of more than 30 years, Infor has developed strategies, products, and industry expertise to serve the long-term needs of customers in the automotive, discrete manufacturing, process manufacturing, distribution, and services industries.
Infor customers report a fast return on investment and an increased competitive advantage from Infor solutions that address the management and execution of assets, finances, logistics, performance, resource planning, manufacturing, suppliers, customer relationships, human capital, and electronic commerce.
| EXECUTIVE SUMMARY
Let's face it. It's not easy being in the automotive industry.
Whether you're a global, top-tier supplier, heavy truck company, aftermarket provider, niche builder, or a smaller, regional player - there's no place to hide and ride out the fundamental transformation underway in the industry today. Ignore changes caused by this transformation and you risk your long-term survival. To say your business is challenged is an understatement.
The automotive industry is highly complex. It has been since the days of Henry Ford and the first assembly line. But the industry is in such a state of change today that this complexity is reaching new levels. The products themselves are getting more complex. And the demands of globalization coupled with overcapacity add new dimensions to a highly volatile marketplace.
Ever-intensifying competition and the push of new requirements and mandates from customers to suppliers create the makings of a stressful, high-risk business environment. It's not surprising that executives at virtually all automotive companies are feeling the pains of competing in this dynamic, high-pressure, high-stakes business climate.
But with pains can come gains, and innovative automotive executives know there's a way to turn today's adversity into long-term business advantage. They have gained particular benefits from Infor's innovative software solutions that solve the most daunting business challenges facing automotive companies. Over the years, the business challenges have changed, of course. But the Infor team's offerings demonstrate that the company has kept pace, continuing to invest in the expertise and solutions automotive companies need today and in the future.
A key aspect of Infor's automotive industry commitment has been the analysis of current trends having the greatest impact on the industry, what that impact has been, and the solutions that can help customers take full advantage of the current market dynamics.
This report provides the Infor perspective on the global trends of greatest importance to automotive companies and offers insights into how executives can act decisively to emerge as winners from the current transformation.
| THERE'S CHANGE: SEVEN TRENDS DRIVING AUTOMOTIVE COMPANIES
The environment for the automotive supplier has never been more volatile. To succeed, it's important to understand what you are up against in this shifting in... [download for more]
