Gm Jit
OVERVIEW
The global automobile industry has become increasingly competitive and the previously dominant "Big Three" manufacturers of Ford, General Motors (GM) and Daimler Chrysler have lost much of their market share to their Japanese competitors. Manufacturers continually have to look toward lowering their costs and GM and Ford largely go about doing this through their purchasing practices, more specifically, their supply chain management.
In this paper, we shall discuss our findings on the different practices of Ford and GM (the carmakers) on how they get the most out of suppliers in terms of price, quality, timeliness and other expectations. We will further discuss the implications of their current strategies, short term future plans and supplier relations before deciding on whether Ford or GM would potentially make a better working partner for suppliers.
CARMAKERS AND SUPPLIERS
The automobile industry has seen a great shift in the way business is conducted over the past......
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Approximate Word Count: 3849
Approximate Pages: 16 (250 words per double-spaced page)
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