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Time - Man of the Year
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Time_Man_of_the_Year_Compact_Publishing_3YX-Disc-1_Compact_Publishing_1993.iso
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moy
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081092
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0810553.000
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Text File
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1993-02-23
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740b
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24 lines
GRAPEVINE, Page 11GM to GE: Japan Does It Better
By JANICE CASTRO
General Motors is reviewing all contracts with its 5,000
suppliers in search of ways to firm up quality while trimming
as much as $4 billion, or 13%, from its $30 billion
parts-and-supplies budget. As a result, its longtime
relationship with GENERAL ELECTRIC is on the line. A GM supplier
since the 1920s, GE makes 60 million tiny light bulbs every year
for GM dashboard displays, trunks and glove compartments. Now
GM has located a Japanese company whose light bulbs cost 20%
more but last 40% longer, and it has challenged GE to close the
savings gap.