Many trading challenges
February 11th, 2012
In addition to the aforementioned operational challenges, the automotive supplier sector was undergoing dramatic change that included the consolidation of suppliers into very large systems integrators, the gradual transfer of design and supply chain responsibility from the manufacturers to suppliers and modular manufacturing. People trading the best penny stocks are looking for this. Modular manufacturing refers to a trend of employing suppliers to assemble major components of the car. “Modular manufacturing trims production expenses by shifting work to specialized suppliers with lower labor costs.” In the most modern automotive plants, these module subcontractors were physically integrated with the automobile assemblers’ operations.
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