UAW Strike: Preparing for a Successful Industry Restart
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In this Automotive Leaders Podcast episode, host Jan Griffiths and Thomas Kowal, the president of Seraph North America, discuss the current state of the automotive supply base during the UAW strike. They begin the episode by exploring MEMA's statistics, shedding light on concerns about layoffs, financial viability, and restart times, emphasizing the importance of understanding the strike's impact on the supply base across various timeframes.
The conversation shifts to the importance of conserving cash, including labor reduction and inventory optimization. They also address the potential challenges that could arise when trying to restart production after supply chain disruptions. Stressing the significance of working on rapid ROI projects, finding ways to collaborate with consulting firms when financial constraints exist, and building relationships with OEMs.
Thomas shares practical advice on how to prepare for the production restart, including conducting startup FMEA, analyzing logistics, and improving communication with suppliers. He suggests creating a startup plan and involving the workforce to ensure a smooth transition when production resumes. The episode concludes with insights into evolving automotive dynamics, adaptability, and leadership's role in a positive workplace.
Themes discussed in this episode:
- Impact of the ongoing UAW Strike
- Strategies for cash conservation
- Outline of potential short-term to long-term scenarios for suppliers
- Decision-making for CEOs
- The importance of proactive preparation
- Role of leadership during restart
- The new normal of the auto industry
Featured Guest: Thomas Kowal
What he does: Thomas is the President of Seraph North America. His areas of expertise include operations, business development, project and team management.
On leadership: “I recommend the plant office people, when you start back up again, get out on that shop floor, be with the people, solve the problem for them, take this as an opportunity to rebuild the relationship with the workforce.”
Mentioned in this episode:
- IHS Markit LTD / S&P Global
- Published Document by MEMA
- OEE - Overall Equipment Effectiveness
- FMEA - Failure Mode and Effects Analysis