>price control strategy to pit these suppliers against each other to lower costs
Apparently that rabbit hole goes super deep in which the large auto manufacturers in the US throw their weight around and force suppliers into selling parts at cost or with razor thin profit margins. And on top of that, they force the suppliers to eat the loss when it comes to cyclical business demand (e.g. storage costs for over-producing during low demand and increased labor costs during times to under producing from high demand)
Apparently that rabbit hole goes super deep in which the large auto manufacturers in the US throw their weight around and force suppliers into selling parts at cost or with razor thin profit margins. And on top of that, they force the suppliers to eat the loss when it comes to cyclical business demand (e.g. storage costs for over-producing during low demand and increased labor costs during times to under producing from high demand)