DETROIT, Sept 29 (Reuters) - Ford Motor Co. on Thursday said it is restructuring its purchasing program for auto parts, which will reduce its suppliers by more than half, part of the auto company's strategy to cut costs. The second-largest U.S. automaker plans to award longer-term contracts to fewer parts suppliers in a bid to streamline a complex and costly network, according to a company spokesman. Tony Brown, Ford's head of purchasing, is scheduled to provide more details on a ...
Premium Content (PAID Subscription Required)
"Ford to overhaul auto parts purchasing program" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642