The worlds largest manufacturing industry and the industry that was the crucible of process innovation through Lean, the automotive industry has faced severe challenges over recent decades.
Traditional markets have shown stagnant sales, overcapacity, intense competition and an increasingly demanding consumer. Developing markets like China and India are experiencing rapid growth, with manufacturers often struggling to build capacity to keep up with growth and maintain market share.
As markets like China mature and the number of players starts to rationalise, the focus is increasingly on improving efficiency and quality. TXM is working with major Global Tier 1 suppliers and their Chinese component suppliers to improve quality, reduce cost and achieve a smoother supply chain.