Proud Moment for OSM!
Omega Seiki Mobility is now officially certified as an Incredible Workplace—the only company in the automotive sector to earn this prestigious recognition!
This milestone wouldn’t have been possible without the visionary leadership of Uday Narang san and the relentless dedication of Nitin Khindria san.
Here’s to creating a work culture that drives innovation, passion, and growth!
#IncredibleWorkplace#OSM#ElectricVehicles#CleanMobility#Teamwork#Innovation#OmegaSeikiMobility
Your guidance and expertise played a crucial role in OSM's transformation into an Incredible Place to Work. All stakeholders have embraced this change with their best efforts.
EV Charger | Defa & Ctek Battery Charger Pan India | OEM |Aftermarket | Dealer Network Expansion | B2B, B2C, | Brand Promotion | Garage Equipments | Hand Tools| Distribution Channel Partners| Business Profitability |
Wonderful!
Congratulations to the entire Omega Seiki Mobility team for earning the Incredible Workplace Certification! A testament to your supportive, inspiring, employee-focused culture!
Director @ UGS Training Co.| I help SMEs skyrocket their Sales Revenue through our sales training programs | Empowered 7000+ salespeople from 35+ industries | Track record of 20% - 60% sales revenue growth.
Awesome achievement, OSM! 🎉 Omega Seiki Mobility Recognizing teams who innovate and push boundaries—essential for industry transformation. Impressive leadership, Uday and Nitin! Excited to see how this fuels future projects. 🚀
#MercuriUrval#ExecutiveCocktail at the #Paris#GlobalMotorShow
On Monday, October 14th, the Automotive MU practice, led by Klaus Steinmann, gathered Key players from the international automotive industry for an “Executive Cocktail” during the Paris Motor Show. This intimate meeting allowed for both formal and informal exchanges on crucial topics affecting the sector undergoing significant transformation.
Alexander Lutz , Managing Director Europe at Lucid Motors, addressed the challenge of offering innovative and high-performing brands in a saturated automotive market, highlighting the current and future challenges the industry must face. Jean-Philippe Bahuaud, CEO of “Future is Neutral,” presented the concrete actions of the car manufacturer Renault and its partners, aimed at establishing a more responsible industry based on the circular economy, ensuring a more sustainable future for both humanity and the automotive sector. Finally, Clement des Robert , Vice President of Human Resources at VALEO, emphasized the importance of exemplary talent inclusion in this rapidly evolving technological landscape. He insisted on the need to quickly transform a traditional industry without losing the cultural strengths of a brand to meet future needs.
In a warm atmosphere, all these captivating topics, proposed by our experts Klaus Steinmann and Chrystelle Cluzeau , were discussed as a tremendous opportunity for networking and exchanging ideas, potentially laying the groundwork for future collaborations and promising innovations in this conducive transformation context. This simple and convivial gathering generated a lot of enthusiasm and remains essential for all leaders in this VUCA world.
We will repeat this format and keep you informed. Stay tuned to MU Executive Search & Leadership Advice
#ExecutiveSearch#LeadershipAdvice#Automotive
🙌 Meet our #AutomotiveForum quest Maxim Zakletski, CEO of FORVIA HELLA, a leader with more than two decades of experience in the automotive industry.
Maxim has gained a lot of knowledge on how to manage the complex challenges of medium and large EMS and automotive companies in Eastern Europe. His passion for promoting Lithuania's economic growth and attracting foreign investment is truly inspiring. As a board member of the BACC, Baltic Automotive Components Cluster, he is actively shaping the future of the industry.
The European automotive industry is challenged by geopolitical disturbances around the world and increased market pressure from Chinese manufacturers. The EU continues to pressure OEMs to deliver significant results in electric vehicles, future mobility, ecosystems, and sustainability. During the Forum, Maxim will share insights on how to overcome these obstacles, stay focused and empower teams to achieve their most important goals.
Save the date and don't miss the opportunity to gain valuable insights from Maxim Zakletskiy at the Automotive Forum: www.automotiveforum.lt. Let's explore the future of cars together!
#AutomotiveIndustry#Leadership#Manufacturing#FutureMobility#AutoTech#staytuned
In one of my earlier posts I talked about how property had become the determining factor in dealership acquisitions , the cost , the ability to turn into apartments or big box retailers , the scalability , the ability to exit sales separately from service , were all major decision points .
In this article we are trying to get ahead of the curve are start to get dealers thinking long and hard about the productivity and best use of their largest asset .
When I started in this business , average vehicle gross was $2000 and rent was $500 per unit .
Average grosses today are higher , and I hope they stay there , but each vehicle spot on the yard now costs $2450 in Sydney per month . Therefore things like 30 day stock turns and new cars representing 70% of volume off a sales site makes no economic sense .
The higher the used to new ratio , the greater the productivity of rent off the site . Dealers getting back to the discipline of new cars behind the glass ( showroom ) and used cars in front of the glass is critical .
New cars are homogeneous, so display is irrelevant, that’s what test drives and demos are for , any more than the current model line up and some trade plates is a significantly inefficient use of the showroom .
Used cars are unique , so display is essential, the ability to touch and feel the differences is paramount, so for used cars velocity is critical to get the best ROI out of that display space .
In all our future transactions, the KPI Rent Free Gross will be a critically measured KPI , as it’s an absolute measure of dealerships efficiency off a site . This can then be easily extended and is comparable when facility upgrades are required in any deal .
For years we have been saying to buyers , give a miss to the opportunity requiring lots of upgrades , we can now put some firm numbers on the table .
In a cost out future , moving customers down the buying continuum to reduce destination selling in showrooms and making showrooms more delivery hubs than transaction hubs , will drive a quantum shift on rent free gross per unit .
Service is also a quandary , because rent per transaction runs high and is becoming a much greater % of gross as the combination of EV growth and capped price servicing reduce the value per customer in service .
For service the focus is around growing opening hours , currently most service departments are closed for 70% of their monthly rental period . Unlike car buying which can be researched online , service is a here and now experience.
Multi shifting , multi manning , 7 day trading and overnight internal work are all required . If you apply a factory mindset , most service departments can deliver todays ROs with 1/3rd of the existing bays , by trading in the “ dead zone “ .
With 2/3rds less rent , more customer interactive technology to reduce “ non productive “ interactions and use enterprise bargaining to pay techs more , this could happen
Enjoy the read
Partner, Business Advisory and Assurance, Business Improvement Solutions & Motor Industry Services at Pitcher Partners
We have just released our latest thought leadership piece titled: "Property, the dealer's largest and least measured asset". Automotive dealers are masters when it comes to the understanding of operational KPIs for their businesses. In the current environment of rising costs and inflation, changes in business models being touted by OEMs and recently renewed interest by OEMs around facility upgrades, should dealers once again refocus on their property assets. At Pitcher Partners Motor Industry Services we certainly believe so.
Big change comes from small steps.
At AviusULD, we focus on incremental improvements that add up to significant transformation, making sure every step counts.
Read about our approach in our report, AviusULD Ascend: Redefining ULD Performance Through Continuous Improvement: https://lnkd.in/gk6FhXXq
Always energizing⚡️and inspiring💡to be back in Gothenburg, Sweden (my 2nd home town)🇸🇪, spending the last three days with HydraSpecma Global OEM divisional leadership team 🌍🤝.
I truly appreciate the value-creating discussions during both the Business Review Meeting and Board Meeting.
I must commend our teams for their tremendous efforts. Despite challenging market conditions, including a drop in build volumes across most Mobile OEM segments, they’ve ensured we win market shares, while following the strong growth within #Marine and #Defense 📈🌏 - well done! 👍 #ResultsAreCreatedByPeople
Wrapping up 2024 with a strong inflow of NewBiz and a solid order book heading into FY2025 reaffirms the relevance of our business. It’s clear that our diverse customer and application portfolio continues to deliver synergies and returns as expected.
It was great to spend time at our state-of-the-art, IATF 16949 & VDA 6.3-compliant production setup for #FluidConveyance solutions tailored to leading #CommercialVehicles OEMs. A big thank you to Robert Ullman for the insightful tour and engaging discussions about our recent innovations and investments.
Keep up the good process team Global OEM 🤝🎯👏 Anders ÅbergMarkus WallinKristina GårdmanRikard EnanderLars Ihrelius#GlobalOEM#CaptureFure26#AcelleratedGrowth29#OurFutureOurResponsibility#ResultsAreCreatedByPeople
We have just released our latest thought leadership piece titled: "Property, the dealer's largest and least measured asset". Automotive dealers are masters when it comes to the understanding of operational KPIs for their businesses. In the current environment of rising costs and inflation, changes in business models being touted by OEMs and recently renewed interest by OEMs around facility upgrades, should dealers once again refocus on their property assets. At Pitcher Partners Motor Industry Services we certainly believe so.
On Sept. 5, at the McKinsey & Company Product Leadership Forum, Quin Garcia and other leading industry experts will discuss the future of software-defined vehicles (SDVs). They'll dive into the promise SDVs hold for the automotive industry as well as discuss barriers to overcome.
We'll provide highlights from this panel in the coming days.
#SDV#software#autoindustry#venture
Continental AG: Major Transformation in 2025
Continental AG is preparing to spin off its Automotive group sector by the end of 2025, creating a leaner, more agile organisation.
As part of this transformation, Olaf Schick, Executive Board member for Finance, Integrity, and Law, will step down on September 30, 2025, before joining the board of management at Mercedes-Benz Group AG.
✅ Spin-Off Details:
Preparations conclude: Q3 2025
Shareholder resolution: April 2025
Execution: By year-end
✅ Strategic Goals:
Greater independence for Tires and ContiTech sectors
Automotive positioned for market success
Learn more about this exciting transition: https://lnkd.in/ewtt2Jmy#ContinentalAG#AutomotiveSpinOff#Leadership#OlafSchick#BusinessTransformationContinental
Job Consultancy (Recruitment) at RKN Management Services Pvt Ltd
2moCongrats!