EY: The Case Against Auditor Rotation Rules

Posted: April 14, 2014 at 11:56 am

Several countries are adopting rules that limit the number of years a public accounting firm may audit a company’s financial statements. These so-called audit firm rotation rules are intended to maintain auditor independence and guard against overly close relationships between...

Infor: Managing the Collaborative Process

Posted: April 9, 2014 at 2:44 am

Manufacturers today can solve problems faster and more accurately by collaborating in new ways, says John Flavin, Infor’s executive vice president, Global Manufacturing Solutions. Companies typically rely on a serial process of problem-solving. Alerts flow from one person or group...

Ricardo: A New Holistic Tool to Enable Total Vehicle Fuel Efficiency

Posted: March 11, 2014 at 7:30 pm

Today’s carmakers are pursuing every avenue to enhance the efficiency of tomorrow’s cars and trucks. That means looking for and assessing new approaches to everything from aerodynamics to rolling resistance and manufacturing to powertrain and lightweight materials. But which options...

EY: The Supply Chain Management Challenge

Posted: December 9, 2013 at 10:43 am

Revived auto sales in North America have boosted profits for carmakers and suppliers. But growing production needs— coupled with complexities introduced by an unprecedented surge in new-model launches—are generating enormous pressure to better manage supply chain capacity, says Jeff Henning, EY’s...

Dykema: Doing Business in South Korea

Posted: June 19, 2013 at 10:06 am

South Korea is a key production base for companies wishing to serve markets throughout southeast Asia. The recent trade pact between Korea and the U.S. is already having a positive impact on the opportunities for business growth in both countries....

Dykema: Trademarks and Counterfeiting

Posted: May 17, 2013 at 4:18 pm

With international trade on the rise, the challenges of protecting a company’s image and trademarks are becoming more complex. Recent court decisions signal a troubling trend that has challenged the ability of brand owners to defend against the misuse of...

Towers Watson: Aligning Company Performance with Executive Pay

Posted: October 23, 2012 at 1:11 am

Publicly traded companies in the U.S. are preparing for their third year of federally mandated “Say on Pay” voting that allows shareholders to cast a non-binding vote “for” or “against” a company’s executive compensation program. The goal of the mandate...

Towers Watson: Managing Health Care Costs

Posted: June 25, 2012 at 12:45 am

U.S. health care costs have increased an average 6.1% per year in recent years. But some companies have been able to hold that growth to only 2.2%. Towers Watson’s latest health employer survey says these “Consistent Performers” do so with...

Towers Watson: Rising Global Labor Costs

Posted: January 8, 2012 at 5:12 pm

Labor costs among emerging economies are going up. But it’s not just about pay, says Steve Kueffner, director of international consulting services for Towers Watson. He says companies with employees overseas need to consider the entire compensation and employment package...

OESA: Supplier Outlook for 2012-2013

Posted: November 29, 2011 at 9:41 pm

Auto suppliers are profitable again. Now the challenge is to maintain current efficiencies while expanding to meet growing vehicle production schedules. The Original Equipment Suppliers Assn. says the key is continuous innovation in product and process, “smart” consolidation and continuous...

TRW: Affordable Safety

Posted: November 16, 2011 at 4:55 pm

Drivers want and deserve safe vehicles. The challenge for safety systems suppliers is to deliver reliable, high-performance technology across the full spectrum of customer and regulatory requirements. Peter Lake, executive vice president of sales and business development at TRW Automotive,...

Automotive Industry Mega Trends

Posted: July 17, 2011 at 7:15 pm

Everyone in the automobile industry knows the business has evolved into much more than “making and selling cars.” Multiple and complex forces are shaping the industry’s future. To succeed, manufacturers must focus on more than traditional economic factors. These mega trends...

Advice to Suppliers: Innovate

Posted: July 2, 2011 at 11:03 pm

The auto industry has always been a cyclical business. But that wasn’t the case for much of the past 20 years, when growth and record sales volumes were the norm. The recession in 2009 was a surprise to a generation...

Towers Watson: Coping with the Auto Industry’s Engineering Shortage

Posted: June 27, 2011 at 9:07 pm

Trends in the auto industry are creating an unprecedented demand among automakers for high-tech engineering expertise, from emission controls and powertrain systems to telematics and in-car entertainment. The industry needs new talent with fresh perspectives and skill sets beyond those...

Dykema: The Legal Implications of the Disaster in Japan

Posted: June 5, 2011 at 2:23 am

In the aftermath of Japan’s earthquake and tsunami in March, carmakers and suppliers have been sharply focused on the job of restoring supply lines. But the disaster entails much more than purchasing issues. It also raises legal implications that touch...

Towers Watson: Managing Risk in an Era of Defined Pensions

Posted: June 4, 2011 at 5:00 am

Hundreds of organizations have closed their pension plans to new employees or frozen benefits altogether. But limiting future benefits does nothing to mitigate the continuing financial exposure for benefits that have already been promised. Managing these risks takes planning and...

Facebook

Latest Tweets