THE TIER 1
Inevitable in the Off-Highway Industry
Times are changing and the off-highway industry is under pressure to establish close relationships with Tier 1 suppliers to maximize the leverage of their supply chain. Some call this simplification, others call it supplier consolidation or supply chain management. Whatever you choose to call it, the off-highway industry players have to catch up or otherwise they’ll not stay competitive.
Fortaco’s President & CEO Lars Hellberg sees the Tier 1 revolution inevitable for the industry and the transition to move towards Tier 1 suppliers is not an easy one. Despite this he challenges OEMs to escape from maintaining thousands of component suppliers on a best-cost basis and move toward fewer suppliers which can offer strategic partnership and the best total offering in terms of design capabilities, product quality, delivery and cost.
Download whitepaper to read more about Lars Hellberg's thoughts and Tier 1 revolution in the off-highway industry >>