RESET AFTER THE SHUTDOWN 2020 - INTERNATIONAL STUDY - Staufen AG

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RESET AFTER THE SHUTDOWN 2020 - INTERNATIONAL STUDY - Staufen AG
INTERNATIONAL STUDY

RESET AFTER THE
SHUTDOWN 2020
FACTS AND FIGURES:

FOR THE PRESENT STUDY
THE CONSULTING COMPANY STAUFEN SURVEYED
730 COMPANIES
LOCATED IN GERMANY, USA, CHINA, SWITZERLAND, ITALY, BRAZIL,
MEXICO, POLAND, HUNGARY, CZECH REPUBLIC, SLOVAKIA AND ROMANIA
REGARDING THE TOPIC:
RESET AFTER THE SHUTDOWN.

THE SURVEY WAS CONDUCTED IN APRIL 2020.
RESET AFTER THE SHUTDOWN

MANAGEMENT
SUMMARY.
The main challenges for a successful reset after the shutdown:
       62 percent of companies suffer from a weaker demand for their products
       30 percent of companies have to face a restructuring period due to financial
        problems
       26 percent of companies need to reorganize their supply chains

      The most important lesson to be learned from the crisis: Secure your global
      supply chains!
       Look for additional suppliers
       Improve management of the supplier network
       Intelligent build-up of inventory levels

      Which immediate measures are being implemented by the interviewed
      companies?
       Measures to secure liquidity - from short-time work to direct state aid
       Measures to increase efficiency - e.g. process optimization and digitization

The Corona crisis will affect the economy for a
long time: only 56 percent of the businesses will
operate as they did before the shutdown at the
earliest at the end of 2020
RESET AFTER THE SHUTDOWN

THE RESULTS.
Please assess the extent of economic impact of the current crisis on your company?

                           existence-threatening     severe, but not         pretty bad           bad               not noticeable
                                                     existence-threatening                                          anymore

Remaining year 2020        7%                      34%                              35%                       21%            3%

2021                   4%       11%                      30%                                44%                        11%

                      0%                     20%                    40%               60%               80%                  100%

The crisis will also have an impact on the
following year
After the COVID-19 pandemic economic life will slowly start to get back on track.
How long do you recon it will take for your company to operate as it did before the shutdown?

Approx. until end of May                            6%

Approx. until end of June                            10%

Approx. until end of August                              18%

Approx. until end of next year                                 32%

In the course of the next year                             24%

Not at all, because production is being shut down   0%

The shutdown does not have impact on our             10%
processes

The effects of the shutdown will last in
businesses for the long term
Which factors prevent a quick reset of your business?
Multiple answers possible

Missing demand for our products                                                62%

Travel restrictions                                                      48%

Missing parts/ materials from external suppliers                       40%

Regulations by authorities                                       25%
Logistical problems – products cannot be transported to         18%
the customer
Financial problems of our company as a whole                   15%

Missing parts/ materilas from internal suppliers           8%

Technical problems at launch                              4%

Missing know-how                                           2%

Nothing                                                    8%

Companies have to face numerous
challenges
Considering the upcoming months until the end of the year:
How big do you recon the challenges for your company in the following segments?
                                            very big                  pretty big                     rather small          none at all

Decreased demand of our products                  24%                                40%                            29%                  7%
and services                                                           Σ 64%

Restructuring of the company due to    5%                 25%                                  44%                              26%
financial problems                                      Σ 30%

Supply chain reconfiguration           4%               22%                                    53%                               21%
                                                   Σ 26%

Fulfillment of authority               4%              19%                               45%                              32%
regulations for reset                             Σ 23%

Reset of production                    4%         16%                                48%                                  32%
                                                Σ 20%

                                      0%                        20%                40%                60%           80%                   100%

New solutions are necessary in various
areas
Due to the crisis one big area of concern for many companies are the supply chains.
Are you currently experiencing problems with your supply chain(s)?

                        11%         9%
                                                         ∑ 30%
                              3%
                                                           very big
                                         18%               big
               21%
                                                           rather big

               21%                                         rather small
                                                           very small
                                                           not at all
                      38%
                              38%

Potential deficiencies in supply
chains have been detected
Which measures are suitable for optimizing your supply chain?
Multiple answers possible

Search for additional suppliers                                        55%

Stronger control of our partners in the supply                   40%
chain

Stockpiling                                                     36%

More in-house production, larger production               26%
depth

Relocation of plants back to the country of origin   7%

Development of new production sites near
                                                     6%
important suppliers
Development of new production sites near             5%
important clients
Other- open answers                                  5%

We don´t require changes in our supply chain              24%

A lesson to be learned from the crisis:
Controlling the risk more broadly
Which of the following measures do you consider to be realistic or have you taken in response
to the crisis?
Multiple answers possible

Short-time work                                        70%

Measures to increase efficiency                  59%

Shutting down parts of the company         22%

Dismissals                                21%

Application for state aid                 20%

Insolvency                           2%

Selling the company                  1%

None                                 11%

Raising efficiency potentials
and providing relief in the short
term
RESET AFTER THE SHUTDOWN

STATISTICAL DATA.
In which sectors is your company   How big was your annual turnover   What is your position in the company?
active?                            before the crisis?
                                                                      Shareholder/ Owner                       8%
Industry                   76 %    up to 50 m. euros         29 %
                                                                      Managing Partner                        9%
Service                    19 %    50 – 250 m. euros         23 %
                                                                      Managing Director/ Board                26 %
Trade                       4%     250 – 500 m. euros        12 %
                                                                      Division Manager                        22 %
Public sector               1%     500 m. – 1 bn. euros       5%
                                                                      Main Department Manager                 6%
                                   more than 1 bn. euros     13 %
                                                                      Department Manager                      14 %
                                   no details                18 %
                                                                      Other                                   15 %

Statistical Data.
Contact                         Media Contact

          Wilhelm Goschy                        Werner Bärtle
          Member of the Board                   Director Marketing
          w.goschy@staufen.ag                   w.baertle@staufen.ag
          +49 7024 8056 0                       +49 7024 8056 157
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