NEW YORK, Sept 29 (Reuters) - In a move to save billions of dollars a year, Ford Motor Co. plans to overhaul its global purchasing process to offer larger, long-term contracts to a smaller group of suppliers on future models, the Wall Street Journal reported on Thursday. The initial phase of the plan, expected to be announced later on Thursday, covers more than $35 billion in Ford purchasing for 20 key parts such as seats, tires and bumpers. Ford will cut by more than half the number of ...
Premium Content (PAID Subscription Required)
"Ford to streamline global purchasing process-WSJ" 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