Welcome
Monday, December 01, 2008
Monday, December 01, 2008
Supplier Relationship News
Posted: Friday, October 03, 2008, 4:34PM
SPONSORED LINKS
RELATED NEWS
- Motorola takes Razr to supply base
07 Nov 08 - Automotive suppliers facing bleak future as crunch goes global
31 Oct 08 - SME's reveal supplier fears
29 Oct 08 - Blow to suppliers as Tesco doubles payment terms
28 Oct 08 - Wal-Mart wages war on “cheating” suppliers
23 Oct 08 - Supplier collaboration leads to cost transparency
16 Oct 08
RELATED ARTICLES
- Opinion: First choice suppliers
- Suppliers key to collaboration
- Bottom of the Barrel
- Big Blue's Red adventure
- Accenture’s chief urges procurement to prepare for downturn
- Power Mad
KNOWLEDGE MANAGEMENT TAGS
"Supplier Relationship Management"
Ford procurement head offers dire warning to suppliers
Suppliers in the automotive industry face an uncertain future as the economic slowdown continues to take it toll, Ford’s global procurement chief has warned.
Tony Brown said that the tight credit conditions, combined with the downturn in production, would see large numbers of auto parts suppliers in the US go to the wall.
“We have all these things converging, volumes, credit, global economies slowing, so there is no room to manoeuvre,” Brown said. “Volume is not there, credit is not there.
“We are seeing the impact in our industry relative to our suppliers and their attempts to finance their debt.”
Despite his fears, Brown maintained that Ford itself was in good shape to weather the current financial storm.
= Online Global Members Only 
= Premier Members Only
