The idea is greater collaboration with the suppliers and hopefully greater cost savings for us.
What he did was wonderful. He has a great deal of integrity. You don't always hear good stories.
We expect all of our suppliers to provide parts in a timely fashion, in the most competitive price and highest quality.
This is a more realistic way to address the reduction of material costs, to take it down to the part level, ... We hope it will be significant.
The auto industry is in a slowdown, and our inventory going into winter months is higher than we would like.
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