TRAVERSE CITY, MI – The business model is broken – OEMs, system integrators and lower-tier suppliers are earning inadequate capital returns for long-term health and viability, says Craig Fitzgerald of Plante & Moran LLP. The partner in the automotive supplier consulting practice says a survey taken in June and July of this year of lower-tier suppliers shows the industry must “seriously consider substantial changes in supply chain management practices.” “There is great danger in ...
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