Monday, August 18, 2008

Chrysler aims to cut supply chain costs by 25 percent

By Reuters

A Chevrolet car and truck sales lot is seen on Jefferson Ave with the General Motors headquarters behind it in downtown Detroit, Michigan June 3, 2008. REUTERS/Rebecca Cook

DETROIT (Reuters) - Chrysler LLC aims to cut its supply chain costs by 25 percent in the next three years, John Campi, the automaker's executive vice president of procurement, said on Friday.

Campi said cost-cuts would be achieved through a number of ways including reducing vehicle complexity and parts, and maintaining a stable production schedule.

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