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To thrive or even retain market share in the face of relentless competition, innovative manufacturers must look beyond shop floor improvements and re-evaluate all of their processes to find new ways of competing effectively in a changing world. In this white paper we do not make specific recommendations for manufacturers to follow; rather, we present suggestions for competing effectively in a fast-paced industry. From adopting lean manufacturing practices to strengthening bidding and quoting processes, opportunities exist for companies to grow and thrive despite relentless cost pressures. |