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WEBCAST: An Automotive Industry Study on Vendor Tooling

Posted on: Monday, 2 March 2009, 07:00 CST

In-depth analysis on current OEM and supplier tooling practices by Harbour-Felax Group

DETROIT, March 2 /PRNewswire/ --

WHAT: As all eyes are on the automotive industry and what needs to be done to fix it, Laurie Harbour-Felax, president, Harbour- Felax Group will present findings and analysis on Vendor Tooling: The Not-So-Missing Link. This study looks at key areas within the industry that can reduce inefficiencies and save money. It also looks at the overarching cultural issues that drive cost, specifically in product development, purchasing and manufacturing. The study sheds light on actionable solutions that can help repair the automotive industry. STUDY DETAILS: Vendor Tooling: The Not-So-Missing Link study is based on previously-unseen data from six major automakers. Highlights include in-depth analysis on current vendor tooling practices of the automotive industry, insight on the current profit-per- vehicle gap and the culture shift necessary for OEMs and suppliers to collaborate effectively and efficiently. Focuses of this discussion will include: Product Development: Advantages of common body architecture and components, inefficiencies of high-cost design differences and quantity of engineering changes per automaker program. Purchasing: Data representing over $1 billion in tooling expenditures, which reveal widely used practices in purchasing that affect automakers and major suppliers. Manufacturing: True impact of manufacturing due to tooling decisions, as well as the benefits of global product commonality. Foreign Build Process: Cost differences in production of similar tools domestically and in low-cost countries. WHO: Laurie Harbour-Felax, president, Harbour-Felax Group WHEN: March 9, 2009 10 a.m. ET WHERE: To register for the webcast and live Q&A, visit http://www.videonewswire.com/event.asp?id=56316 CONTACT: Jessica Howell, Eisbrenner Public Relations Office: 248-641-1446, E-mail: jhowell@eisbrenner.com

Harbour-Felax Group

Harbour-Felax Group partners with companies and their suppliers to transform their operations and develop a roadmap for maintaining sustainability in today's automotive and manufacturing communities. A team of highly skilled and experienced consultants, Harbour-Felax Group and their partners have real-world experience in all aspects of manufacturing. Harbour-Felax Group analyzes a company's operations compared to its competitors, identifies existing gaps, develops a road map to correct those gaps and implements a sustainable transformation process to achieve success. www.harbourfelax.com

Minimum Requirements to listen to broadcast:

Windows Media Player software, downloadable free from http://www.microsoft.com and at least a 56Kbps connection to the Internet.

If you experience problems listening to the webcast, send an E-mail to: webcast@multivu.com.

SOURCE Harbour Felax-Group

Source: PR Newswire

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