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It takes a great deal of planning and engineering refinement to make an automotive production process run like a finely tuned machine. The complexity and sheer number of supplier relationships creates many opportunities for low-occurrence errors and inefficiencies. Managing the proper timing and inputs for your level one and level two suppliers, making sure your pay-on-receipt systems get the proper information at every point in the logistical process, ensuring the right units of measure were used, rebates accounted for … the list is long.
PRG-Schultz has a depth of experience with automotive and transport manufacturers, so we understand both the complexity of your process and your reliance on tightly timed supplier partnerships. We know how to identify and recover dollars due to you, and to help you resolve areas of slippage, all without upsetting the balance you've achieved with your supplier partners.
PRG-Schultz has recovered millions of dollars for dozens of organizations just like yours. We serve several of the world's largest automotive manufacturers and suppliers. Last year, we found and returned more than $15 million to clients in your industry.
During an audit of a major auto manufacturer, PRG-Schultz revealed sales taxes paid in error on purchases totaling $7 million. Based on PRG-Schultz research the client was able to reclassify their purchases from taxable marketing expenses to inventory purchased for resale, resulting in a tax refund in excess of $490 thousand.
For a client reference, please contact us.
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