As part of their effort to slash the cost of auto parts by 30% over the next three years, Toyota met with its suppliers last week to enlist their help in the process. Based on their reputation for dealing with suppliers, I’m guessing that Toyota will approach the process in a much different manner than most companies, and the process will be very successful.
Read more at http://corporatedeathspiral.blogspot.com/2009/12/world-class-suppliers-need-world-class.html
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