Restructuring of an automotive supplier in insolvency proceedings
In a critical phase of insolvency, a well-known manufacturer of cast aluminum wheels was faced with the challenge of fundamentally restructuring its production processes. The aim was to increase efficiency and put the company back on a stable and competitive course.
The automotive supplier was confronted with considerable inefficiencies in its production. Overcapacity, high operating and maintenance costs, inefficient material flows and high reject rates were putting a strain on the company in addition to excess personnel capacity and declining sales figures.
It was necessary to develop a comprehensive restructuring concept for the entire production area. This was aimed at optimizing the existing infrastructure, reducing reject rates and increasing efficiency in the production processes.
KBC Solution Approach
A detailed restructuring concept was developed that focused on three main areas:
- Optimization and efficient use of the existing infrastructure, machines and systems.
- Reducing reject rates through technical measures and strengthening quality processes.
- Increasing efficiency in production processes through new concepts and optimized value streams.