Can we help with your transformation?
The Metals industry is currently undergoing profound changes, which call for new pathways and innovative approaches. From volatile commodity prices and rising energy costs to growing pressure to decarbonize, managers are dealing with complex challenges which impact profitability, sustainability and efficiency. To ensure you have the best possible foundation from which to make direction-setting decisions, let us be the transformation champion traveling with you on the Road to sustainable Value, supporting you with our four strengths: Acknowledged Thought Leadership, Trustworthy Client Collaboration, Recognized Transformation Strength and Outstanding Return on Consulting.
Development of CO₂-reduction strategies, integration of sustainable technologies, implementation of regulatory requirements, transformation to climate-friendly business models.
AI, ERP and RPA implementation, improving cybersecurity, optimizing the IT organization, developing strategy for digital processes, training and skills building.
Optimization of net working capital, hedging against volatile raw material prices, increasing margins through process efficiency, strategic financial planning, sustainable cost reduction.
Sustainability & Decarbonization
Sustainability & Decarbonization
Transitioning to net zero is currently a key focus for companies in the metals industry. Executives are having to address the challenge of significantly reducing emissions while simultaneously serving the growing demand for metals to fulfill renewable energies, such as wind turbines and electric vehicles. To achieve this, extensive investment is necessary, in innovative technologies and greener production processes that pave the way for a more sustainable future.
There are technologies for reducing emissions already available today. The challenge is utilizing these technologies effectively and integrating them into corporate processes.
Our publications provide a more thorough introduction to the topic.
Digital Transformation
Digital Transformation
Digital transformation is a key interest for the metals industry, which has traditionally relied on heavy machinery and manual processes. In light of growing pressures to increase efficiency, reduce costs and remain competitive, the transition to digitalization is becoming increasingly urgent. Key advanced technologies such as artificial intelligence (AI), ERP software and cloud computing are hugely relevant here. At the same time, challenges such as cybersecurity, system integration, and a shortage of skilled workers are presenting significant problems. Making use of the potential from digitalization requires considerable investment in technology and training.
Digitalisation offers the metals industry a unique opportunity to sustainably optimise processes and achieve significant efficiency gains.
61% of CIOs are already also performing additional functions; by 2027, this will be 82% – the pure CIO function will be a rarity.
CIOs with additional functions – today
CIOs with additional functions – in 3 years
Our publications can show you what it takes to successfully master digital transformation.
We also offer a tool which you can use to find out the maturity level of information security management (ISMS) in your organization.
Profitability & Net Working Capital
Profitability & Net Working Capital
The metals industry is subject to considerable economic challenges that strongly influence both profit and loss. Fluctuating demand for steel products, driven by the development of customer industries, makes solid planning more difficult. What's more, volatile commodity prices and high energy costs are currently putting massive pressure on results and necessitating a stronger focus on hedging metals. At the same time, making investments in automation and more sustainable production processes entails considerable funding, which must be secured through optimized margins.
Particularly at times of uncertainty in economic development and possible crises, NWC becomes significantly more important. This growing importance signals a need for improvement, but how should this happen, and to what extent?
The path to effective Net Working Capital Management
Find out more about how companies are addressing the current challenges by means of active NWC management.
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Can we help with your transformation?
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Sebastian Wichert