News and Press - Global

Iris Wedepohl

Director Marketing & Corporate Communications
+49 331 98222-400


News and Press - USA

Valerie Valentine

Marketing Manager
+1 248 761 2255

FACTON Inc. COO Michael Betz to present Relationships, Quoting & Costing at Inaugural SAA Ignite Conference


Chief Operating Officer Michael Betz speaks at the inaugural “SAA Ignite” event on August 24 in Detroit. Organized by the Society of Automotive Analysts (SAA) and modeled after the renowned Ted Talks concept, SAA Ignite provides a forum for 11 speakers to tell the world about their big, automotive-related ideas.

“The cornerstone of the automotive OEM-supplier relationship is trust,” said Betz. “Suppliers that are capable of delivering accurate, timely quotes are highly regarded by OEMs, and are more likely to earn their trust - and thus new business. I’m excited to talk about best practices in collaborative quoting and building OEM-supplier relationships at this new event.”


Betz’s talk is particularly timely given the rapidly changing dynamics in the automotive industry; recent rapid changes are creating complexity in costing and quoting, resulting in “Information Chaos” for OEMs and Tier 1’s. In the past decade, OEMs and suppliers have embraced standardization and collaboration in engineering and logistics, leading to dramatic improvements in design cycles times; however, the world of costing and quoting lags far behind and remains highly unstructured. In his presentation, Betz will discuss the potential road forward to enhancing the OEM-supplier relationship via improved standardized costing and quoting.


More information and registration for the event is available at


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