At the Management Briefing Seminars on Friday, Chrysler LLC’s purchasing chief John Campi spoke about new approach to dealing with the automaker’s suppliers in order to maintain good relationships.

The purchasing chief also announced the automaker’s goal to cut its supply costs by 25 percent within three years with a new approach to launch a “supplier of choice” program in which Chrysler will have not more than ten suppliers. The suppliers will become partners of the automaker in the development for vehicles they supply. (more…)