USA: Automotive Suppliers Meet to Discuss Future Impact of Trade Exchanges
Executives throughout the automotive supplier industry gathered here today to discuss how Covisint, the industry's planned trading exchange, and other emerging industry trade exchanges will affect their businesses, and how to prepare for the inevitable changes to existing business models. Kevin Prouty, senior analyst for the automotive industry at AMR Research, reviewed the impact of e-business strategies on automation, plant processes, and plant-supplier relationships, and presented an overview of the strategic impact of Covisint, including its potential for success, possibility of failure, and its current state.
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