Creating a Transparent & Cost Effective

Automotive Supply Chain

October 24 – 25 | Detroit

Day One
Tuesday October 24, 2017

Day Two
Wednesday October 25, 2017

Creating a Data-Driven & Sustainable Costing Method

08:50
Chair’s Opening Remarks

Forecasting Costs & Critical Automotive Trends

09:00
Determining the Impact of Global Political & Economic Uncertainty on Supply Chain Costs

  • Deepak Patel Manager, Cost Estimating Finance, Ford Motor Company

Synopsis

  • Scrutinizing future trade agreements and how they may impact automotive costs, such as the impact of the Trump administration and Britain leaving the EU
  • Reviewing the global supply and demand of metals and other materials to determine how costs may rise or fall
  • Understanding how economic trends in the United States will impact demand for vehicles and hence the supply and demand for automotive components

09:40
Determining the Value & Cost Implications of Additive Manufacturing: The Technology, Materials & Time

  • Joe LaRussa Industrial Engineering Manager, Brose North America

Synopsis

  • Outlining the roadmap for adoption: how much impact will the technology have on automotive manufacturing in the near and medium future?
  • What are the cost levers for additive? How can a cost estimator compare/contrast the value of additive based on these costs and their accuracy?
  • Understanding how additive manufacturing is implemented within the supply chain: what are the relevant use-cases and what know-how is required in the supply base?

10:20
Speed Networking & Morning Refreshments

11:00
Audience Discussion: Sharing Best Practices on Cost Estimation for Emerging Designs, Materials & Manufacturing Methods

Synopsis

This informal discussion will allow each table to discuss among themselves the disruption caused by automotive design and manufacturing trends on their estimating and cost engineering processes. Each table will then have an opportunity to share a summary of their conversation with the rest of the room.

Data & Technology

11:40
Revealing How to Gather Data & Manage a Leading Cost Database to Ensure Calculations Are as Accurate as Possible

Synopsis

  • Hearing how much variability in a cost estimate can be caused by poor data: what are some methods in maintaining a cost database?
  • Comparing methods for gathering data such as trips to supplier factories, developing relationships with OEMs and purchasing data from 3rd party organizations
  • Identifying which data is most difficult to find and considering innovative ways to gather it for your database

12:20
Networking Lunch

13:20
Panel: Reviewing Cost Indexes & Benchmarking Methods to Keep Databases in Sync with the Latest Market Trends

Synopsis

  • Benchmarking experiences with 3rd party data sources: which organizations have what data, in what format, and how expensive is it to access?
  • Determining the appetite for a more open and transparent supply chain, in which cost data can be more easily accessed through the supply chain
  • Evaluating how frequently data needs to be updated to keep it reliable and usable in estimating calculations

14:00
Audience Discussion: Hearing How Software & Data Analytics Can Be Leveraged to Transform Automotive Costing & Design

Synopsis

This informal discussion will allow each table to discuss among themselves the use of software and data analytics within their organization and their supply chain. Each table will then have an opportunity to share a summary of their conversation with the rest of the room.

14:40
Afternoon Refreshments

Staff Management & Training

15:10
Considering the Impact of Demographics, What Does the Future Cost Engineering Department Look Like?

Synopsis

  • Outlining the current demographic trends and the forces impacting them
  • Examining the current and future demand curve for cost engineers: how does this compare with supply?
  • Exploring the processes that best-in-class firms utilize to attract, maintain and retain cost engineers

15:50
Audience Discussion: Hearing How Software & Data Analytics Can Be Leveraged to Transform Automotive Costing & Design

Synopsis

This informal discussion will review the top lessons learned from the presentations and discussions and create an action list for the industry, companies and individuals. It will also be an opportunity to reflect on the way in which the audience can work together after the conference and provide feedback to improve the meeting for next year.

16:20
Chair’s Closing Remarks

16:30
End of Conference