The Client
iSi Automotive is one of the leading Tier 1 suppliers of passive safety systems, delivering airbag solutions for the automotive industry. With more than 4,000 employees across six countries, the company designs, develops, and manufactures solutions for current and future mobility safety requirements.
The Project
Disruptions in global supply chains triggered by the COVID-19 crisis led to significant short-term changes in parts call-offs from automotive manufacturers. Combined with inflation-driven cost increases, this created the need to revise the mid-term planning. As a result, the required adjustments to product pricing, as well as the processes and framework of product costing, became transparent and clearly identifiable.
Highlights:
- Creation of transparency regarding externally driven cost increases at product level to support price negotiations
- Adapted “state-of-the-art” product costing framework