The new purchasing chief at General Motors Co. is tweaking the auto maker’s “cost reduction suggestions” program, and it could send a few more bucks back to suppliers. In a nutshell, GM now will share the savings from cost-cutting ideas submitted by suppliers on a 50/50 basis the first year the part or process is implemented. The cost sharing remains 50/50 through the life of the part or process, unlike in years past when GM would take a 65% cut in the first year and 100% of the savings ...
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