Manufacturing
Manufacturing

Manufacturing (2)

In the electronics industry, products have a high depreciation rate. For each day that an item sits in the warehouse, its potential profit is reduced by 5% and lower profit margins just adds to the woe. Taking a lead, Changhong decided to change the way they operated by leveraging new and better technologies and set new benchmarks for the industry.

With around $900 billion of waste in global manufacturing supply chains*, it’s clear there’s scope to cut costs dramatically and create new value. As manufacturing regains favor with economic and political stakeholders worldwide, progressive enterprises are exploring ways to work more efficiently using asset information, system integration and process innovation.

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