Work on production line in steel plant

How manufacturers are preparing for a post-COVID-19 recovery

In this episode, Julia Rosenthal, EY Global Analyst for Advanced Manufacturing, shares her insights about the key themes discussed by leaders during the third quarter public earnings calls.

The COVID-19 crisis and related concerns still remain a major challenge for advanced manufacturing (AM), especially automotive, aerospace, and oil and gas companies. Among the top themes discussed by leaders of AM sector companies during the third quarter public earnings calls are: developments in end markets, business reorganization or restructuring, and competitive positioning.

Key takeaways:

  • Business reorganization or restructuring: cost reduction drove streamlining activities at many companies. Divestitures allowed companies to better focus resources on key growth markets while acquisitions were held to make cost savings targets stringent.
  • Competitive positioning: product and service quality are gaining importance as manufacturers hold onto market share. Outcome-based pricing models are being offered more frequently. Acquisitions and joint ventures are enabling companies to bring differentiated products and services to market more quickly.
  • Customer acquisition and connectivity: manufacturers are prepared to invest in understanding their customers better. Sales teams are being expanded in growth markets, enabled by new technologies. 

For your convenience, full text transcript of this podcast is also available. Read the transcript.

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Presenters

Julie Buresh
EY Global Advanced Manufacturing Senior Analyst

Podcast

Episode 08

Duration 12m 58s

In this series

series overview
(Event List - Manual)

How manufacturers are preparing for a post-COVID-19 recovery

In this episode, Julia Rosenthal, EY Global Analyst for Advanced Manufacturing, shares her insights about the key themes discussed by leaders during the third quarter public earnings calls.
Podcast

Episode 08

Duration
12m 58s

Presenters

Julie Buresh

EY Global Advanced Manufacturing Senior Analyst

How automotive dealers and manufacturers shift from physical to digital

In this episode, our speakers share insights into the shift the automotive dealership and original equipment manufacturers have had to make to engage a new digital native customer.
Podcast

Episode 07

Duration
11m 50s

Presenters

Martin Cardell

EY Global Mobility Solutions Leader

David Borland

EY UK&I Automotive Leader

How mobility companies seek ways to stay relevant amid disruption

In this episode, Akshi Goel, EY Global Advanced Manufacturing & Mobility Analyst, shares her insights about the key themes discussed by mobility sector leaders during the second quarter earnings calls.
Podcast

Episode 06

Duration
11m 35s

Presenters

Akshi Goel

EY Global Advanced Manufacturing & Mobility Analyst

How manufacturers are exploring every avenue to stay resilient

In this episode, Julia Rosenthal, EY Global Analyst for Advanced Manufacturing, shares her insights about the key themes discussed by leaders during the second quarter public earnings calls.
Podcast

Episode 05

Duration
12m 03s

Presenters

Julie Buresh

EY Global Advanced Manufacturing Senior Analyst

How manufacturers can future-proof their supply chains

In this episode, Sven Dharmani shares his insights on how to build a more resilient supply chain during the COVID-19 pandemic and beyond.
Podcast

Episode 04

Duration
11m 40s

Presenters

Sven Dharmani

EY Global Advanced Manufacturing & Mobility Supply Chain Leader

How transportation will be revolutionized by data analytics

In this episode, Kevin Custis shares his insights on the impact the COVID-19 pandemic has had on the transportation sector.
Podcast

Episode 03

Duration
17m 32s

Presenters

Kevin R. Custis

EY Global Transportation Industry Leader

How to build a resilient automotive supply chain to plan for the next crisis

In this episode, David Sanders shares his insights on the impact the COVID-19 pandemic has had on automotive supply chains.
Podcast

Episode 02

Duration
10m 39s

Presenters

How manufacturing can improve resilience through liquidity management

In this episode, David Gale shares his insights on liquidity for the manufacturing industry during the COVID-19 pandemic.
Podcast

Episode 01

Duration
04m 22s

Presenters

David M. Gale

EY Global Advanced Manufacturing Strategy and Transactions Leader