China Speed: How Chinese Companies Accelerate Product Development and Enable Faster Time-to-Market

GlobalAutoIndustry.com’s latest Audio Interview "China Speed: How Chinese Companies Accelerate Product Development and Enable Faster Time-to-Market" features Lukas Hofmann, Partner in Roland Berger's global Operations platform, based in the Frankfurt, Germany office. Lukas is part of the leadership team of the Roland Berger competence clusters on “Supply Chain & Logistics” and “Innovation, Engineering & Product”. With over a decade of consulting experience and two years in the industry, Lukas has collaborated with top-tier clients in the automotive (OEM & OES), capital goods, and high-tech sectors. His strategic focus on holistic product cost improvement, engineering efficiency, and transformative supply chain projects has consistently driven remarkable results. Lukas excels in partnering with R&D and engineering teams to enhance performance, accelerate time-to-market, and develop cost-effective, requirement-optimized product solutions.

In the 17-minute Audio Interview, Mr. Hofmann discusses these questions:

• Why is “China Speed” an even more pressing issue for Western automotive companies compared to five years ago?
• What are key differences in automotive product development processes between Chinese and Western (European/NA) OEMs?
• Are there any “quick wins” Western automotive companies can try to incorporate into their product development process?
• How does the corporate culture within Chinese automotive companies enable faster time-to-market processes?
• What is the outlook for Western companies facing this challenge?