Choose an Eure!Car training to keep pace with ... - Ad-europe.com
Choose an Eure!Car training to keep pace with ... - Ad-europe.com
Choose an Eure!Car training to keep pace with ... - Ad-europe.com
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Contribution by Giorgio Brusco,<br />
President Gates Power<br />
Tr<strong>an</strong>smission Europe<br />
In December 2008, ADI gave me the opportunity<br />
<strong>to</strong> share my views through the<br />
ADI-Newsletter <strong>an</strong>d now one year later<br />
the ch<strong>an</strong>ce has been given again <strong>to</strong> <strong>com</strong>ment<br />
on our industry. Looking back we<br />
c<strong>an</strong> indeed conclude that the au<strong>to</strong>motive<br />
industry has been seriously impacted by<br />
the global economic situation <strong>an</strong>d that<br />
m<strong>an</strong>y m<strong>an</strong>ufacturers of car parts have<br />
been challenged <strong>to</strong> downsize production<br />
capacity. Despite the fact that downsizing<br />
was mostly driven by the lower requirements<br />
of the car m<strong>an</strong>ufacturers, the af-<br />
Prominent ADI Forum Members on<br />
2009<br />
Read prominent Forum members’, from both industry <strong>an</strong>d distribution,<br />
<strong>an</strong>alysis of 2009 <strong>an</strong>d expectations for 2010.<br />
React on forum@mail.adi.be<br />
termarket production process is au<strong>to</strong>matically<br />
impacted as well. Operating in<br />
such conditions puts a heavy load on the<br />
people in all functional areas of <strong>an</strong> org<strong>an</strong>ization,<br />
<strong>an</strong>d requires more flexibility from<br />
the org<strong>an</strong>ization th<strong>an</strong> ever before.<br />
The pressure on the aftermarket business<br />
has increased under initiatives like<br />
scrap incentives <strong>an</strong>d <strong>an</strong> average <strong>an</strong>nual<br />
mileage driven which has <strong>com</strong>e down.<br />
The biggest impact is <strong>com</strong>ing from the<br />
traditional growth markets whereas the<br />
mature markets have shown stability.<br />
The emerging economies continue <strong>to</strong> be<br />
under pressure <strong>with</strong> lower dem<strong>an</strong>d, his<strong>to</strong>rical<br />
high inven<strong>to</strong>ry levels <strong>an</strong>d unstable<br />
currency exch<strong>an</strong>ge rates. In these markets<br />
the need for close partnership <strong>an</strong>d<br />
efficiency increases has be<strong>com</strong>e more<br />
obvious <strong>an</strong>d we are positioned <strong>to</strong> support<br />
<strong>an</strong>y shift in how we do business. The<br />
opening of two new distribution centers<br />
in Moscow <strong>an</strong>d Ist<strong>an</strong>bul during a strong<br />
recession, reflect our continued investments<br />
in the product <strong>an</strong>d logistic offer<br />
<strong>com</strong>bined <strong>with</strong> technological <strong>com</strong>petence<br />
<strong>to</strong> secure a solid future position for Gates<br />
Giorgio Brusco, President Gates<br />
Power Tr<strong>an</strong>smission Europe<br />
as a leading aftermarket industry supplier.<br />
Together we will do what it takes <strong>to</strong><br />
maintain a healthy environment in our industry<br />
<strong>an</strong>d <strong>to</strong> secure our <strong>com</strong>petitiveness<br />
against OES org<strong>an</strong>izations.<br />
Giorgio Brusco, President<br />
Gates Power Tr<strong>an</strong>smission<br />
Europe<br />
www.ad-<strong>europe</strong>.<strong>com</strong> 11
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