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Product costs comprise 60% to 80% of a typical manufacturer's total cost structure. And if that isn't daunting enough, the global economy continues to roil; raw material, labor and transportation ...
Manufacturing systems are increasingly challenged by intricate product architectures, global market volatility and rapid technological progress. Complexity management involves the systematic ...
Managing product and portfolio complexity well during normal circumstances is no easy task. Factor in the coronavirus pandemic and rising global complexity, and the level of difficulty grows ...
The complexity of a business process, Tesler tells us, is like energy, it cannot be created or destroyed, it can only be moved around from one place to another. To be more accurate, Tesler’s law says ...
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