Our combination of expertise in the field of management consulting and engineering enables FEV Consulting to offer a broad range of services. The projects we work on cover a variety of industries, from pre-development to after-sales and from general project management to detailed subprojects.
In order to approach an innovation process within a company in a structured manner from the start, FEV Technology Roadmapping creates a roadmap that answers three important questions: what are the market and technology drivers? What are the technological solutions? When do they reach critical market penetration? This approach enables us to avoid the „fuzzy front-end“ – meaning those often difficult-to-define initial phases with which every innovation process starts. The roadmapping process can be flexibly adjusted to meet the client‘s requirements. However, it still includes the central aspects, from trend and driver analysis to sensible technology scenarios for future motors, transmissions, and powertrains for all transport-relevant applications. FEV Consulting shows the client which product and corporate strategies are relevant for it and helps to implement them.
Powertrain Concept Studies
The powertrain and its conceptual layout remain the central lever in achieving future CO2 and exhaust emission goals. FEV Consulting examines various possible solution concepts and supports its clients with decisive concept proposals and CO2/costs trade-off analyses. In the process, FEV Consulting not only takes into account how to optimize traditional combustion engines, it also looks at the use of hybrid solutions.
Supply Chain High Performance Management
FEV Consulting helps companies to perfectly manage their own value creation chain with a multi-step process. In doing so, it assists clients in analyzing the background situation, identifying realistic target figures, and implementing an overall strategy. FEV works together with its clients to establish how to ideally balance cost-effectiveness and flexibility and identifies the levers with which to adjust these factors.
The success or failure of technological innovations largely depends on the development processes behind them and how they are organizationally integrated and implemented. This is where the work of FEV Consulting begins; the consultants support their clients with experience gathered internally in the area of product development and on the basis of their direct and unique access to the capacities of the FEV Group. In so doing, they take into account specific client requirements as well as the three core elements of successful product development: quality, cost, and time.
Intelligent Transportation & Connected Vehicles
FEV Consulting helps OEMs, suppliers, digital companies, energy suppliers, and insurance to develop innovative business models and new technologies. This process enables them to adequately meet their needs for intelligent, efficient, and multimodal mobility chains. These are becoming more and more important in an increasingly urbanized, connected, and environmentally conscious world in which the „sharing economy“ is booming. Together with its clients, FEV Consulting develops successful growth strategies in new and existing markets.
Passenger vehicle manufacturers in particular are attempting to master increasingly complex powertrains by introducing modular product toolkits. Thanks to its comprehensive industry know-how, FEV Consulting is able to explain current modularization trends and the approaches of global OEMs in individual studies and then explain the advantages and challenges. The consultants identify client-specific framework conditions, as well as complexity drivers and requirements, in order to be able to establish a customized modularization strategy on the basis of cross-industry best practices.
Smart Cost Reduction
In order to significantly save costs on technical products, FEV experts from different areas proceed in an interdisciplinary manner. They make detailed analyses of existing cost drivers, benchmark products from competitors, and generate a calculation of target costs from the bottom up. In addition, they generate innovative solutions for cost reduction through Value Engineering and implement them by way of international sourcing — or commercially, through supplier management — at the required quality level. FEV extensively trains client employees and installs proven methods and tools. This ensures the achieved savings in the long term.
In order to be able to survive in global competition, companies must develop structures and processes that are both lean and flexible enough to work in a cost-effective manner. Furthermore, companies increasingly operate within digital systems, the requirements of which regarding interfaces and data have a significant impact on business and production processes. Together with its clients, FEV Consulting establishes strategic and tactical levers to meet the individual challenges faced by internationally active companies in production, logistics, and procurement.
Mergers & Acquisitions
For clients that are planning corporate mergers or acquisitions, FEV Consulting offers a unique combination of business administration and technical expertise. FEV Consulting helps its clients to identify potential target companies, the acquisition of which serves a specific corporate or investment strategy. As part of the due diligence phase, the consultants analyze the business model in detail, as well as business administration performance and the viability of the organization. Finally, FEV Consulting assists in integrating the organization.
In order to increase performance and/or reduce CO2 emissions, FEV Consulting analyzes as part of vehicle projects individual technologies and technology strategies, especially electrification strategies, driver assistance systems, and vehicle measures. For targeted light construction, FEV Consulting provides support with the Smart Weight Reduction Process. Additionally, support is provided for clients in the development of an overall vehicle strategy through the planning and definition of product characteristics by FEV Consulting.