The automotive sector’s demand for year-on-year cost reduction from its suppliers imposes significant challenges upon component supply companies to maintain profitability, thereby enabling investment in future product development.
Packaging Focus
Finnveden is an international engineering group which specialises in the supply of fasteners to the European automotive industry, employing 1800 personnel across production units in Europe and China. The Finnveden Bulten operation in the UK functions as a Full Service Provider (FSP) for both Ford and Nissan, offering an extensive range of metallic fasteners for use in chassis and engine manufacture.
The automotive sector’s demand for year-on-year cost reduction from its suppliers imposes significant challenges upon component supply companies to maintain profitability, thereby enabling investment in future product development.
To discover more about how ERA assisted Finnveden, encompassing results, savings, and further client insights, download the complete case study now.
"We know that for each project ERA Group have an expert in that particular field and this re-assured us that they would not sacrifice service levels in our search for better pricing." [Richard Dixon, Financial Director - Finnveden]
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