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Essay / US Automotive Industry Case Study - 1102
For example, if a supplier were to perform below automotive industry standards, other options would open up for the industry and that supplier could be replaced very easily. Recently, the automobile industries and their suppliers have evolved into a system called a tiered system, in which the automobile industries would contract with a limited number of suppliers, and then those suppliers would contract for products with an upstream market. The change was very beneficial for suppliers and led to an increase in power for