John Grifonetti on the Importance of Flexibility and Adaptability in the Auto Industry

Assembly Line Flexibility

Designing assembly lines for more than one type of vehicle is nothing new. However, having the capability to shift production from one vehicle type to another proves vital for an industry that needs to cope with multiple challenges.

Creating a Flexible Assembly Line

Creating an assembly line that can build a range of body styles requires careful coordination. Car design engineers must work closely with those who make the tools used to assemble the vehicles.

Flexibility in Engine Types

The hybrid and electric revolution is coming quickly. As automakers project their propulsion technology needs for the next ten years, no one is sure exactly how they will play out. Cars may be propelled by combustion engines, hybrid engines, or by fully electric motors. Automakers like GM are proactively working on each technology to improve their performance in a shifting market.

Supply Chain Globalization

In today’s competitive environment, it is even more important to rely on a global supply chain. Supply chain flexibility has been one of the most important considerations for the automotive industry for several years. Parts are frequently built in countries like China and transferred to countries with major manufacturing plants, like Mexico, the United States, and Germany. John Grifonetti reports that the automotive industry’s globalization means that each car manufacturer needs to make sure that they are ordering the right parts from the right countries.

Flexibility in Sales

While 2020 was extraordinarily difficult for carmakers and their sales forces, 2021 will likely see some economic recovery. Car lots are stocking many large and compact SUVs, as in years past. However, rising gas prices may make smaller cars, hybrids, and electric models more popular.

A Flexible Industry

John Grifonetti believes that the car industry is prepared to take on some of today’s greatest challenges. Global economic conditions have been extremely difficult, but the corner has been turned, and the economy is beginning to recover. As carmakers continue to practice flexible manufacturing and sales techniques, they will satisfy the market’s demands for cars and trucks that fit their needs.

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John Grifonetti

John Grifonetti

John Grifonetti has built a career investing into small businesses and personally helping them grow with his considerable acumen for understanding markets