Automotive suppliers traditionally turn to Plante & Moran for survival tactics in tough times
During these hard economic times, the automotive supplier industry is facing even greater challenges. Major issues including globalization, supply chain restructuring, consolidations, managing bankruptcy, nurturing constructive and protective relationships with customers, and technology innovations are just a few of the concerns that are clouding the landscape.
Our practice staff has developed deep insight and practical solutions to the most challenging business problems by leveraging same-issue, non-proprietary experience and knowledge from working with the several hundred automotive supplier clients annually. Our expertise is cultivated from focused, industry-leading research in key segments, including stamping, plastic molding, and tooling.
Putting tough times into perspective
The current condition of the automotive supplier industry necessitates that successful participants build and sustain a high-leverage business strategy. Plante & Moran practice staff have consistently met or exceeded the demanding expecations of our clients across financial, strategic, operational, and turnaround business dimensions.
We provide a wide array of services from employee benefits consulting to strategic planning consulting.
We back our data-driven insights with the shared experience of performing more than 100 automotive supplier consulting projects each year.
We like to say that your business is our business because we bring an entrepreneurial passion to each project. You will notice the difference. You will work with a senior consulting team whose hands-on, practical knowledge has developed from working with clients very much like you.
Insight and practical advice
When you are questioning how to handle issues like developing global business strategies, supplier risk, operational performance, and bankruptcy, you can draw on our experience and expertise serving automotive suppliers.
When you want to nurture constructive and protective relationships with customers or if you are struggling with how to harness technology innovations, we can be the reliable resource you need.
There is no question that the American auto industry is facing historic challenges. You don't have to tell us about them because we know your industry.
Our industry experience allows us to offer you the insight and practical business advice you will need to survive and thrive.
Our menu of servicesfor automotive suppliers includes:
- Audit, review, & compliance
- Tax compliance & consulting
- Enterprise risk services
- Operations & business process improvement
- Restructuring & turnaround
- Global business strategies, sourcing, & procurement
- Strategic planning consulting
- Organizational development & personnel assessment
- Transaction support services
- ERP system selection & implementation
Saving on taxes is like money in the bank. It’s an easy concept to understand, but a hard concept to execute because tax laws are always changing. That is why our tax advisors are continually monitoring legislative, regulatory, and precedent-setting developments in tax.
Financial Statement Audit
When Plante Moran audits your organization’s financial statement, you benefit from our reputation for thoroughness and professionalism as well as our focus on client service. Our good reputation combined with our audit opinion helps assure your stakeholders, as well as tax authorities, banks, regulators, suppliers, customer, and employees that your financial statement fairly represents your company.
Strategic Business Planning
Our automotive strategy consulting services team could be the partner you are looking for to help you develop a plan to survive and thrive in the tumultuous automotive industry. Our team of strategy consultants has experience with more than 75 auto suppliers, partnering with them to cope with the challenges of managing in a world with significant excess industry capacity.