Ford Motor discloses $1B in unexpected supplier costs

Chamber of Shipping > Blog > News > International > Ford Motor discloses $1B in unexpected supplier costs

Ford Motor is shuffling its leadership positions and restructuring its global supply chain days after disclosing $1 billion in unexpected supplier costs.  The supply chain problems caused Ford’s stock to experience its biggest single day drop in 11 years.  The supply chain restructuring aims to support efficient and reliable sourcing of components, internal development of key technologies and capabilities, and world-class cost and quality execution.

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