Partner & Director
Manfred Beck is a core member of Boston Consulting Group’s Industrial Goods practice, specializing in the automotive industry. He leads the firm’s efforts in the automotive supplier business.
Since first joining BCG in 1996, Manfred has worked on numerous projects in the automotive industry, including growth-in-Europe strategies for several Asian tier-one companies and original equipment manufacturers (OEMs), growth-in-Asia strategies for global OEMs, cost improvement initiatives for OEMs and tier one players, and a number of acquisition plans.
Manfred left BCG in 2004 to join a major global supplier, where he took on senior management roles, including global head of corporate development and CFO of Brazilian operations. His work covered product and regional strategies, development of new businesses, negotiation of joint ventures, and negotiation of credit lines and loans with banks during the worldwide financial crisis. He rejoined BCG in 2013.
Before first joining BCG, Manfred worked in the corporate development department of Daimler.
As electric vehicles come to dominate the global car market, profitable growth for the industry’s suppliers will depend on refocusing their parts portfolios.
Advanced powertrains, new safety technology, demographic changes and increased digitalization will slow growth, increasing consolidation and competition in the aftermarket auto parts industry.
Auto suppliers are under pressure to open more factories close to their customers’ assembly plants—and, simultaneously, to cut costs. These conflicting demands pose an industry-wide challenge.