by Parts007 » Wed Oct 12, 2005 8:33 am
Todays headlines, A Wall Street analyst yesterday warned that General Motors has a 30% chance of filing for bankruptcy following a weekend of further turmoil in the Detroit motor industry including the bankruptcy filing of GM's largest parts supplier, Delphi.
Any moderators or people knowledgeable to this market wish to comment on these issues. Specifically, how it may affect the parts supply in the future.
What can we as parts managers do to prepare for this? Increase days supply? Other thoughts?
Any comments would be greatly appreciated.