After a year of getting hammered by the pandemic, a semiconductor shortage and storms that snarled Dana Inc.'s global supply chain, the auto parts maker is considering a different strategy.
Many automakers and suppliers like the Ohio maker of axles, driveshafts and other auto parts are deciding that securing their supply lines is the most pressing order of business.
Dana's Craig Price, senior vice president of purchasing and supplier development, is pushing companies in his supply network to change the way they do business, stepping away at times from the just-in-time, lean production practices that have guided automotive manufacturers for nearly 40 years.
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