Case: Toyota, Ford, Gm And Volkswagen- Some Differing Opinions About Working With Suppliers
CASE: TOYOTA, FORD, GM AND VOLKSWAGEN- SOME DIFFERING OPINIONS ABOUT WORKING WITH SUPPLIERS. CASE SUMMARY: The main issues at stake in this case is the working relationship Toyota has with its suppliers, compared to other Auto manufacturers such as ford and General Motors. Another critical issue is which sets of parts should be standardized. Both Ford and GM have embraced the concept of an electronic market place for motor vehicle parts. The AutoX-change as it is called would bring automakers and their suppliers together. The rational for this e-market place is that it would drastically reduce costs by providing suppliers with more business opportunities. Toyota on the other hand tends to see its suppliers as partners. By engaging suppliers in long-term contracts, it is hoped that they would reduce prices. Toyota's fear is that engaging in the AutoX-change would create and adversarial relationship with themselves and suppliers. The sub-plot to this case is the standardization of......
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Approximate Word Count: 1199
Approximate Pages: 5 (250 words per double-spaced page)
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