David Thursfield, president of Ford of Europe
He suggests caution. An Internet exchange could be used to procure many individual components but not modules.
Jean-Martin Folz, CEO of PSA/Peugeot-Citroen
The Internet represents progress from current systems of procurement, which are already electronic. 'We will certainly join one of those marketplaces,' Folz said. Folz envisions buying parts, such as switches, on an exchange, but not something as complex as an instrument panel.
Jeffrey Jones, assistant director of advanced marketing, Yazaki North America Inc.
He doesn't expect online procurement to be used for highly engineered products, such as Yazaki wiring harnesses. 'I don't think it scares us. The key is how we make something of it as we push forward.'