The industry pain points Using our automotive industry analysis, we can find trends in your data points to detect threats and improvement areas. Each standard clause and its data points are reviewed, allowing us to determine the top pain point areas an automotive manufacturer might face.
Our methodology identifies the top-five industry pain points. Our technical and industry experts then map each point to the most likely event that can negatively affect operations. These events allow us to identify the risk level of the four main impact areas of an organization. This diagram highlights this process and identifies legal considerations as the highest risk factor.
Pain points
Business impact events
Impact areas
Product recall
Product nonconformity
Lack of adequate resources
21%
BRAND REPUTATION
LEGAL COMPLICATIONS
Verification of contingency plans
14%
FINANCIAL IMPACT
Management commitment
14%
Problem-solving & root cause
EMPLOYEE MORALE
12%
Lack of core tools knowledge
11%
IMPACT AREA RISK LEVEL
Logistics delays & failures
Cost increase
HIGH MEDIUM LOW
Customer complaints
8
9
IATF 16949
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