SUPPLIER EYE

Smaller suppliers facing global challenges

Smaller suppliers: How are you coping with globalization?

It's a daunting task to follow OEM or Tier-1 customers around the world. Coordinating with their rapid-fire launch cadences requires a significant investment in people, resources and capital. Several smaller, regional suppliers who were not willing to extend their enterprise and increase their exposure to greater risk have opted to consolidate with larger players, or look for alternative approaches.