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Electronics – the ‘secret sauce’ in automotive purchasing

Partnerships with software specialists will become integral to the procurement process as OEMs seek to bulk out capabilities in high-growth technologies. By Freddie Holmes

In recent years, the automotive supply base has undergone significant consolidation following a raft of big money buy-outs. Strategic partnerships are also cropping up between established automotive brands and new players in software and electronics, with the aim of securing access to innovative technologies in cyber security and machine learning. For purchasing heads that have been in the business a long time, procuring a broad range of new technologies can present both opportunities and headaches.

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https://www.automotiveworld.com/articles/electronics-secret-sauce-automotive-purchasing/

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