All Sites According to a recent editorial in IHS SupplierBusiness , North American suppliers “are wielding more negotiating power in their dealings with automakers in 2013 than perhaps at any time since the dawn of the auto industry.” The main reason, noted the editorial, is that major suppliers (Tier 1s) came through the recession with a “much-reduced dependence on low-margin commodity products.” This got passed down to lower-tier suppliers “where they are hidden from the OEMs, and are less susceptible to price pressure.” read more

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The Power of NO in Running a Business