After gearing their product portfolio towards rapid changes in the automotive industry, an automotive supplier was rewarded with strong order intake. However, the market then changed again, and the increasing complexity this brought posed difficulties for the supplier. We freed them from this situation with the help of a wide-ranging stabilization and optimization program. This enabled us to stabilize the company's operations and financial situation and initiate a turnaround. To make the program sustainable, we provided the company with advice over a long period of time. We continue to support them today, albeit on a much less regular basis – something we are both pleased about.
Turnaround in the automotive sector
