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  • Molly Kenny

The General Motor strike impact


On September 15th, the UAW (United Auto Workers) declared a strike against GM following the expiration of the four-year labor contract. This strike enters its 4th week, with approximately 48,000 UAW workers picketing outside of GM’s U.S facilities. The strike has been devastating for production with a total loss estimated between $50 million to $100 million per day, ultimately leading to an 11% drop in GM’s stock. The production stoppage, coupled with possible tariffs on Mexico have generated financial strain throughout tier 2 and tier 3 suppliers. In some cases, inching them closer to the brink of bankruptcy, as they typically operate within tighter profit margins. Production.NET allows for these struggling supply bases to be supported from above by their partnered OEMs and tier one suppliers. The ability to monitor and analyze the quality, performance, and downtime losses allows for the generation of a clear path forward. The execution of a plan and implementation of proper countermeasures will help alleviate existing and prevent future losses. From any web-capable device, all parties can discuss real-time output to targets. They will have a clear depiction of any losses throughout the tracked processes, without the need for data integration. A damaged supply base often needs support and pointed direction to ensure they can supply and meet the requirements of the OEMs or tier 1 suppliers, especially in unstable times. Production.NET is the best tool for providing collaboration throughout the supply chain. Request a demo today at production.net

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