KPMG’s Engineering and Industrial Products (E&IP) practice consists of a strong network of experienced industry professionals from member firms working with clients around the world. An industry segment within KPMG’s Global Industrial Manufacturing practice, KPMG’s E&IP team provides service to the full breadth of sector businesses from conglomerates with multiple industrial business units to highly specialized companies such as those producing engineering components and machinery, building materials and equipment or sector-specific components.
While E&IP companies worldwide look to save on cost and manage margins, KPMG offers a diverse range of services to assist in sustaining profitability and creating new sources of value, including:
The Growth Agenda
Cost and Competitiveness
Risk, Governance and Regulatory Matters
The soft economic recovery has produced several challenges for E&IP companies, especially as maintaining profitability becomes harder to do in light of intensifying competition and still sluggish demand. E&IP companies must now look for new ways to take fixed costs out of the business and exercise greater due diligence when acquiring assets and brokering partnerships. The ability to globalize effectively is fast becoming a differentiator within the sector and KPMG’s E&IP practice can put its global reach to work, helping companies pinpoint waste and respond to changes in the business, regulatory and consumer environment.