People are always getting attracted by super low-priced products in stores like IKEA, Costco, Walmart, and even in some corner stores. Buyers are shopping around the world to get products built at super low cost....
Read MoreGrowing your business takes careful planning. If you’re like many small and medium-sized businesses, allocating financial resources to cover set expenses, investments and finance growth strategies is where creativity and resourcefulness are needed. It’s likely...
Read MoreThe Great Benefits of Adopting a Global Concurrent Engineering (GCE) Model Conceptualized in the 1900’s and grown during WWII, concurrent engineering (CE) has been the most competitive operation model used by some leading industries. Since...
Read MoreLow price has always been the number one goal for a buyer. Quality has been a fear factor behind failure of a so called lowest price. The service level, such as response speed to an...
Read MoreDesign-to-cost (DTC) is one of the most common strategies for cost reduction during product development and manufacturing. Cost is an important parameter to consider in even the earliest designs of a product. It is easier...
Read MoreFor contract manufacturing projects that aim to produce a product, project cost includes the overall works in design, engineering, manufacturing, quality, project management, and supply chain management. Within each of these categories, work can be...
Read MoreThere are a lot of factors that go into determining the cost of making your product. This is why in early conversations with your manufacturer it usually isn’t possible to give you an impromptu, off...
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