Email this article from PlasticsNews.com
Forum vital for OEMs, suppliers
OEMs depend heavily on their plastic component suppliers to execute projects. They also need vendors that can continually bring new innovations and cost-saving ideas to them. Seems like a simple concept — suppliers develop stuff and OEMs use it. What makes it difficult is the complex nature of the OEM’s role and its challenging needs, which seem to conflict with suppliers, who are seeing profits deteriorate, leaving less funding for research and development.