The global economic situation is quickly deteriorating into a fully-fledged financial crisis. Supply chain is expected to have serious delivery issues, rising inflation affects the price of parts and labor unions are asking to adjust salaries according to the developing situation, all the while consumer demand is expected to decrease.
What to analyze for proper assessment:
Explain specifically how you would adapt your business to stabilize your market position together with your growth strategy in the coming two years of instability. Elaborate on how you would communicate and execute on contingency plans regarding your key resources (materials, finances, HR), in the case your business has to take drastic measures to survive.
How would you optimize cost of a wheel hub (rear or front) manufacturing processes in the real life, when material availability is short by 50% and its cost increases by 100%?