U.S. Manufacturers Still Compete with China Thanks to Fishbowl Inventory
While China, Mexico and other countries have the advantage of cheaper labor, U.S. manufacturers are coming up with creative ways to lower costs and deliver products. China’s advantages of a huge workforce and cheap currency are no match for superior processes. While many foreign manufacturers rely on outdated manufacturing methods and inefficient equipment, U.S. manufacturers are developing new ways to streamline production by building more efficient machines to do work that used to require several older machines according to Fishbowl...
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