Why OEM-supplier relationships need to evolve
In a world where everything from how we watch movies to how we get a ride home has been turned on its head, it appears there’s one thing that hasn’t changed much: the relationship between OEMs and suppliers.
That’s a red flag. Or, at least, it should be.
The news that came from this June’s release of the North American Automotive OEM-Supplier Working Relations Index (WRI) report doesn’t, at first, look much like news. None of the working relations between suppliers and the six largest U.S. automakers showed a statistically significant difference either up or down compared to last year.