Risk drives change in auto parts sourcing: OESA
Jun 17, 2013 | 12:18 PM
| Corinna Petry
CHICAGO Spurred by freight costs, currency exchange rates and lead times, the global automotive industry is realigning its supply base by geography, according to research by the Original Equipment Suppliers Association (OESA).
A full 63 percent of respondents to OESAs May survey said that they plan to increase their value-added capabilities in North America over the next five years, while 42 percent said they plan to increase North American sourcing as part of their total expenditures over the next five years.....
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