Just-in-time inventory management is generally good for business, but is it the best practice during global pandemics, natural disasters and trade wars? Take a look at the options.
This is an unprecedented time in world history, which heavily impacts the manufacturing industry. Yet, at times of national crisis — and through daily challenges — the manufacturing industry has always gotten creative. Problem-solving is in manufacturers’ DNA.
The factory is getting a facelift, thanks to a raft of new technologies designed to make manufacturing more efficient, flexible and connected. Daniela Costa, head of the European Capital Goods Equity Research team in Goldman Sachs Research, outlines three key drivers of this development, which could provide more than $500 billion in combined savings for manufacturers and customers.
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