Many tool and die makers have gone bankrupt during the first years of the new millennia. This study was commissioned to better understand the underlying causes for the demise of these shops.
This report was sponsored by the Michigan Economic Development Corporation.
For the Canadian and U.S. automotive industries, the internal crossing points of the Ambassador Bridge and the Windsor Tunnel (Detroit-Windsor); the Blue Water Bridge (Port Huron-Sarnia), and the Peace Bridge (Buffalo-Fort Erie) are the critical connecting points within the logistics chain that support new light duty vehicle shipments of pproximately US$4801 billion (the value of the products shipped from assembly plants) between the two countries. Automotive trade flowing between the two countries in 2000 was US$43.6 billion of vehicles and US$34.6 billion of automotive parts.
Companies in today’s automotive industry are under immense competitive pressure to reduce the length of their product development cycle from initial concept to begin of high-volume manufacturing.
From the publication: Engineering Self-Organizing Systems: Methodologies and Applications
In 1998, Andersen LLP undertook a three-year study of 10,000 firms to determine the underlying drivers of value creation.
This study was prepared for Andersen LLP.