DaimlerChrysler Corp. is closing in on its goal of $3 billion/year in annual savings by 2003 — and the potential to eliminate waste from the lower tiers of the supply chain has never been better. SCORE (Supplier Cost Reduction Effort) resulted in savings of $2.2 billion in 1999 with a target of $2.4 billion this year, says Thomas Sidlik, executive vice president, Chrysler procurement and supply. Mr. Sidlik earlier told Ward's SCORE's goal was to save $3 billion annually by 2003 (see ...
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