At Vendigital our automotive consultants help businesses with complex operations drive cost efficiencies. We’ve partnered with organisations across the whole industry, from manufacturers and EV specialists through to automotive retailers and start-ups, helping them to optimise their operations, transform their cost base and create long lasting benefits.
Our automotive consultants understand the unique challenges that are facing the industry. From the rapid switch-over to EVs and the impact that will have on lower servicing demands as well as an increase in the number of leases, to understanding exactly how to take full advantage of “Connected Vehicles”. Our team can provide insight on shorter term issues such as Brexit disruption and its impact on supply chains to longer term issues such as increasing use of mobility and car rental services affecting levels of vehicle ownership.
We combine multi-disciplinary consulting expertise and our proprietary digital platform to generate and embed client-specific operational insights, and ultimately deliver data-led accelerated cost transformation. Core to our approach is our deep industry and operational expertise, and in-house data science capability, underpinned by our extensive business transformation and implementation experience.
We take an intelligent approach to cost optimisation and focus on delivering outcomes, not consultancy reports, working with you to execute the plan and deliver quantifiable cost and solutions that deliver long-term results.
The challenges facing the automotive industry
The automotive industry has changed a great deal over the last few years and continues to face a number of complex challenges, including increased competition between established and challenger brands, the introduction of new technology both in terms of vehicle design and consumer behaviour and the impact of both Brexit and Covid-19. These challenges look set to continue as automotive brands balance financial recovery post Covid with investment in R&D while also preparing for anticipated changes to government legislation and consumer expectations surrounding climate change.
Our team of automotive consultants are able to deploy their considerable industry and operational experience to develop creative solutions to meet these challenges.
• A significant increase in demand for electric vehicles, which as we’ve already seen has the potential to lead to shortages within the production supply chain.
• Disruption to business models as EVs become more widely used by the general public and their perception surrounding the vehicles shifts.
• Vehicle dealerships are likely to run into issues surrounding lower servicing demands as well as an increase in the number of leases given.
• Long-term impact of COVID-19 including the need to create more geographically diverse and resilient supply chains or multi-sourcing key components.
• Uncertainty and disruption following Brexit affecting imports and exports, in turn impacting on the sustainability of supply chains.
• An over-supply in some markets, such as the luxury car market, can cause consumer confidence to drop and prices to fluctuate.
• With an increase in the popularity of car leasing and app-based mobility services, it is becoming more difficult to entice new customers to purchase their own vehicle.
• Changes in consumer and consumer perceptions surrounding certain vehicle types or models leading to an excess of stock that cannot be sold.
• Public perceptions around a “buyers’ market” driving down sale value creating higher competition on price and lower margins.
Need an automotive sector specialist?
Our automotive consultants combine deep expertise in supply chain management, portfolio management and cost engineering, as well as data science and business transformation. As experts in the automotive industry, with many having previously worked for automotive businesses at the coal face, they have the knowledge, skills and experience to deliver measurable cost benefits across your operations.
By bringing together our multi-disciplinary consulting expertise with our digital platform, we are able to deploy data-driven operational insights to embed measurable and sustainable cost benefits across your business.
We do this across:
Our team of automotive consultants will work with you to identify cost optimisation opportunities, both quick win and longer-term. This may include remodelling the operating strategy to ensure that the structure of the business reflects its current needs and challenges, and that the costs to the business are minimised by assessing factors such as the footprint of manufacturing locations. Reviews can be conducted into the various price points and lead times across the supply chain to model and understand what’s driving cost, so that improvements can be made. We also work with automotive retailers to optimise the way they procure 3rd party services, with the goal of streamlining their supply chain and maximising the value they get from their cost base.
From manufacturing queries to sourcing design issues, cost-modelling, and operational performance improvements, we work as part of your team, engaging with stakeholders and suppliers to develop a targeted programme to deliver cost efficiencies at pace.
Get in touch to find out how we can partner with you to achieve your cost transformation requirements.
Why choose Vendigital?
We are ideally placed to help complex businesses accelerate the transformation of their cost bases.
Client collaboration is at the heart of our approach
We cut through complexity quickly
We're focused on delivering long-term outcomes for clients
We work with clients to set the strategy and deliver the nuts and bolts of the solution
Intelligent approach to cost optimisation through deep understanding of cost and cost drivers
Deliver quantifiable cost reductions through our cost neutral fee structure
WHATEVER YOUR REQUIREMENTS, WE PROVIDE SOLUTIONS TO FIT YOUR BUSINESS NEEDS…
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