Lars Kiera at the Business Succession Forum
Both EMS service providers and industrial companies with their own electronics manufacturing (OEMs) face the same challenge in their day-to-day procurement: The production of modern assemblies requires a vast variety of active, passive, and electromechanical components. This often results in a supplier base of several hundred vendors. What may appear at first glance to be risk diversification often turns out in practice to be a major cost driver. Managing countless individual suppliers ties up valuable resources and drives up overall process costs. Targeted supplier consolidation with a strong, vendor-neutral partner is the most effective way to relieve the burden on the procurement department and sustainably reduce total cost of ownership (TCO).
For some years now, the Chamber of Industry and Commerce (IHK) has been increasingly focusing on the topic of company succession, as the average age of current managing directors suggests that a large number of company successions will have to take place in the next ten years. The two managing directors of RTS Electronic – Oliver Vakilzadeh and Lars Kiera – are particularly qualified in this area as they took over the company from its founders in 2020. Lars Kiera shared his knowledge at the Business Succession Forum, organized by the IHK Nord Westfalen.
A detailed report can be found on the IHK website.
Featured photo: IHK Nord Westfalen
