"Automaker Tightens the Reins on Suppliers: Quality and Cost Crackdown In a bid to boost efficiency and reduce waste, a major automaker is cracking down on its suppliers, implementing stricter measures to ensure they meet key quality and cost targets. The new enforcement policy will see parts makers who fail to hit these targets barred from bidding on new business, a move aimed at driving up standards and driving down costs. The decision is seen as a significant shift in the automaker's approach to supplier management, and could have far-reaching implications for the entire industry. As the company looks to stay competitive in a rapidly changing market, it's clear that quality and cost control are now top priorities."
The automaker is stepping up enforcement of its cost and quality rules, including preventing some parts makers from bidding on new business if they fail to hit key targets.
