Supplier Balancing Act

December 17, 2018 at 2:25 AM
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As U.S. car sales growth peaks, auto suppliers must manager their resources more closely than ever, notes Julie Fream, president and CEO of the Original Equipment Suppliers Assn.

But that’s just part of the challenge. She points out that companies also must balance demand for new technologies with the need to continue tech development for more traditional products.

Fream says suppliers must tap new areas of expertise. That means adding know-how internally or partnering with others through alliances or joint ventures.

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