How can auto parts enterprises improve their internal skills to achieve global operation?


Release time:

2022/10/13

In recent years, with the rapid growth of the automobile market, the automobile parts industry is containing huge market prospects and opportunities. Nowadays, the auto parts industry has maintained the momentum of rapid development, showing the huge investment value of the auto parts industry. Under the great temptation of China's automobile market, multinational auto parts enterprises rushed to China to invest and cooperate in various ways. The auto parts industry is facing a critical moment of global operation.

How can auto parts enterprises improve their internal skills to achieve global operation?

In recent years, with the rapid growth of the automobile market, the automobile parts industry is containing huge market prospects and opportunities. Nowadays, the auto parts industry has maintained the momentum of rapid development, showing the huge investment value of the auto parts industry. Under the great temptation of China's automobile market, multinational auto parts enterprises rushed to China to invest and cooperate in various ways. The auto parts industry is facing a critical moment of global operation.
Challenges and changes faced by auto parts manufacturers
1. High cost and gradually complicated production process
While significantly reducing costs, manufacturers must also cope with the increasing complexity of production processes and products, and meet the increasingly urgent delivery time requirements, otherwise they will be punished by the main engine factory or the whole vehicle factory.
2. Vehicle manufacturers rely on fewer and fewer parts suppliers
As the total number of parts suppliers decreases in the environment of large quantity, parts suppliers need to establish closer contact with vehicle manufacturers and cooperate more closely in the supply chain network to help vehicle manufacturers achieve their goals of reducing costs, improving quality and shortening time to market.
3. Under high competition, we still need to adapt to changes in customer needs
Today's global automotive market is quite mature. In this challenging environment, component manufacturers can maintain their current competitiveness only by constantly adapting to changes in customer needs.
4. Continuous shortening of product production cycle
Component manufacturers are faced with the continuous shortening of product life cycle and customers' expectations for configurability/innovation
Double pressure with increasing values.
5. Backward internal management and low efficiency
Different from automobile OEMs, at present, accessory suppliers at all levels are still weak in their awareness of establishing ERP systems, which leads to the disadvantage of high consumption and low return in the process of enterprise operation.

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