Despite continued assertions by automakers that Covisint will bring massive cost breaks to the auto industry, the Internet trade exchange could in reality mean procurement savings of less than 15%, says Kevin Prouty, senior analyst, AMR Research Inc. While OEMs have touted savings of as much as 50% on $250 billion in total procurement costs, Mr. Prouty believes a more accurate savings figure would be $37 billion, or less than 15%. Of that, aggregated savings will be less than 2% of the ...
Premium Content (PAID Subscription Required)
"Analyst: Covisint Cost Savings Overstated" 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: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.