Ito took over in 2009, and for the past three years has shaken up Honda’s decades-old, tightly-knit supply chain, looking to trim costs while finding more cutting-edge technologies. “Honda’s group suppliers were thrown into disarray by Ito’s actions. The way things are going, they’re soon all going to become subcontractors with no technologies of their own,” said one former Honda chief. “Since the start of this year, we’ve been operating on the assumption that Ito will continue as chief executive,” said a Honda divisional head, adding Ito has a “70 percent” chance of keeping his job.
Published in TZ Latest News 11 February, 2015 by The TZ Newswire Staff
Exclusive: Honda CEO shrugs off critics; will see through his supply reforms
Published in TZ Latest News 11 February, 2015 by The TZ Newswire Staff
Exclusive: Honda CEO shrugs off critics; will see through his supply reforms
Ito took over in 2009, and for the past three years has shaken up Honda’s decades-old, tightly-knit supply chain, looking to trim costs while finding more cutting-edge technologies. “Honda’s group suppliers were thrown into disarray by Ito’s actions. The way things are going, they’re soon all going to become subcontractors with no technologies of their own,” said one former Honda chief. “Since the start of this year, we’ve been operating on the assumption that Ito will continue as chief executive,” said a Honda divisional head, adding Ito has a “70 percent” chance of keeping his job.