- Automotive, Mechanical engineering
When insolvencies cause a sudden change in the supply chain, fast reactions are required. Often “quick fixes” are made, describing the famous path “from the frying pan into the fire”. In such situations, we quickly point out resilient decision alternatives and support fast and viable solutions with our network in Europe.
In this specific case, a southern European supplier found itself in a legally tricky situation of insolvency proceedings, but was able to continue supplying under conditions. We were deployed in the project to continuously monitor supply risks throughout the entire supply chain on the one hand, and to monitor output on site at the supplier’s premises on a daily basis on the other, as well as to assess unit quantity and quality risks and reduce them by means of sometimes ambitious measures. We were driven by achieving an optimum in production technology and were flanked by legal experts who assessed the feasibility of all measures. Today, production is still taking place at the site, an investor has taken over the production facility – also thanks to our involvement on site – and the supply chain has been fully stabilized.