Industrial products, comprised of the automotive, manufacturing, distribution, and materials and chemicals segments, is a characterised by global connectivity and complexity.
Even smaller organisations must navigate suppliers, logistics and regulations from different parts of the world. Technology permeates all aspects of organisations and leaders are constantly searching for ways to drive innovation in how they design, produce and/or deliver. While challenging, there are enormous opportunities for leaders that are able to see more deeply into the changing landscape and beyond short-term challenges to position themselves for long-term success.
Protiviti partners with leaders to help them achieve greater confidence in these changing environments. We seek to understand the unique strengths, risks and opportunities of your organisation and where you want to take your business. We collaborate with you to build custom solutions that maximise your chances for success and bring a tailored, multi-disciplinary team of professionals that fits your situation and company culture. While the process is never simple, our goal is, to help you face the future with confidence.
We help industrial products organisations manage critical business challenges to help them face the future with confidence. Here are some of the most pressing issues we are helping organisations to address.
Given their global connectivity, industrial products companies face cybersecurity threats from multiple fronts. Confidence in cybersecurity does not come from knowing nothing will happen, it is achieved by knowing all the things that can happen and preparing both proactive and reactive solutions. Protiviti provides a holistic approach that defines what is most important to you, helping you protect yourself from unauthorised access and also react quickly and comprehensively when a breach occurs.
The drive for great efficiency and effectiveness has organisations transforming through the smart use of technology to better manage what they do and how they do it. We help you to see the opportunities in fast moving markets, aligning people, processes and technology to transform your organisation and help you to face the future with confidence.
All industrial products organisations want to improve how they understand, organise and leverage their data assets. The challenge is identifying and capturing information in disparate systems, including those outside a company’s walls, and then organising and managing this information to create business insights. Protiviti takes a pragmatic “one size does not fit all” perspective. We tailor solutions that fit your organisation, enhancing business value through more efficient collection, distribution and usage of information.
Regulation demands continue to increase for industrial products organisations. Key areas of focus include how manufacturers manage safety and disposal, as well as how third-party compliance is managed with global providers. We can help you address these and other emerging trends, along with existing regulatory demands, through innovative solutions that position your organisation for sustainable performance and compliance now and in the future.
Cost and Performance Management
Faster, cheaper and better are not options for industrial products companies, they are imperatives. In today’s competitive global environment, the ability to make and manage smart capital investments, run efficient back-office operations and manage cash flow are critical. We help you identify and implement cost management efforts that drive performance, in both good times and those more challenging.
Transactions, Mergers and Acquisitions
Industrial products companies seek three types of transactions to transform their businesses. Mergers or acquisitions to expand the scope of operations or vale chain, divestitures to focus on core competencies or capital infusions from the public or private markets. In all these situations, we provide independent advisory and due diligence services, helping you take action to maximise value available today and position you for success in the future.
Evolution of Internal Controls
In the fast-changing global market, control is critical to success. However, the demands on internal audit and finance functions continue to increase as the expectation today is not just for accurate reporting, but insights that can improve the business. We can help you steer your company with greater precision and prescience, increasing confidence you are on the right path with world class internal audit and finance functions.