Risk Management 4.O in the Automotive Industry

If it isn’t already part of your plan, risk management and risk mitigation strategies should be one of the top priorities of your business. The results of not actively managing your supply chain can harshly impact profitability, your brand, and potentially even your company. As the automotive industry continues to rapidly transform over the next five years, the ability to manage risk is critical to the supply chain. Every member of the supply chain needs to be prepared today or they may face extinction tomorrow.

Omnex participated in the event “Risk Management 4.0 in the Automotive Industry” conducted by the Thai-European Business Association (TEBA) in Thailand on August 9, 2018. The event discussed the aspects of risks facing the industry and how to prepare your organization and supply chain for the future. It also helped automotive manufacturing companies gain knowledge regarding the current situation in the manufacturing sphere in Thailand and adapt to the changes in the next five years.

Mr Arun Kumar, Vice President & Director – Global Operations,

Omnex Inc, presented a seminar on “Experiences in the Automotive 4.0 era” at the event.

For more information on how lean can benefit your company contact us.

Jonathan Hunt

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