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<a href="http://www.accessmylibrary.com/coms2/summary_0286-28818711_ITM" title="Facts and information about Lessons to be learned: auto supplier industry workouts encourage parties to communicate.(vendor relations)">Lessons to be learned: auto supplier industry workouts encourage parties to communicate.(vendor relations)</a>
Lessons to be learned: auto supplier industry workouts encourage parties to communicate.(vendor relations)
Business Credit
|
November 01, 2006 |
Thorne, Deborah L. |
COPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Credit professionals often find that the problem their company is experiencing is just one of many that the debtor has, and may be inextricably linked to similar problems being experienced by the debtor, its lenders, its customers and other vendors within the automobile supply industry. While the proper response may be to put pressure on the debtor and run with whatever you can get, it may be worth taking a look at the negotiations that often occur in this industry. While the dynamics may be quite different than other industries, there are lessons to be learned from the multidimensional negotiations and resulting accommodation agreements which allow production and ...
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Source: HighBeam Research, Lessons to be learned: auto supplier industry workouts encourage...