Organization and business model transformation for global tier 1 Automotive Supplier #2
A global Tier 1 automotive supplier was looking to drive a step change improvement in financial performance.
Strategy& developed a comprehensive restructuring program which included new customer strategies, new product line strategies, and a broad range of operational improvements. We worked jointly with the client to design and implement the changes over an 18-month time frame. The work fundamentally changed the client’s product portfolio, redefined the business model, reshaped the client’s relationship with their largest customer, and brought over $1B to the bottom line.