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Tag - manufacturing innovation homework help

Manufacturing Innovation

Businesses and retail consumers have an ever-increasing range of products to choose from, so manufacturing businesses face constant competition in order to retain or increase their market share. Manufactures therefore need to be flexible in considering new ways of working as well as new technologies that will allow them to respond rapidly and cost-effectively to customer demand. Businesses can introduce innovation in manufacturing to a wide range of areas, including new processes, new materials and the use of new equipment. [...]