Toyota urges more cooperation with suppliers
Suppliers, on the other hand, consider Toyota one of their best customers, who works closely with them to reduce prices on parts before they are built. Cuneo states that his company's approach is one of their chief advantages, and he said he was 'pleased' that Chrysler, Ford, and General Motors are trying similar approaches. Of course, GM's 'bid packages' disaster (here) probably isn't the only such fiasco lurking out there, foreign or domestic.
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