Lan Xu / Chief Operating Officer
Perspectives from a life in leadership.
The latest essay
China's electric commercial-vehicle makers have spent two years cutting prices to keep their plants full. An idle line is visible and painful; an unsustainable list price is quieter, and it costs more for longer.
Read the essayChina's electric commercial-vehicle makers have spent two years cutting prices to keep their plants full. An idle line is visible and painful; an unsustainable list price is quieter, and it costs more for longer.
Most vehicle makers charge suppliers in full for every defect, however it comes to light. That rule teaches suppliers to stay silent. Rewarding early disclosure costs a little money and buys the most valuable thing in quality, which is time.
Van makers that serve parcel fleets let the November shopping peak dictate their build plans. The autumn sprint looks productive and hides its bill in defects, injuries and warranty claims. A level plan with a well-kept yard costs less.