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According to a recent study from commercial real-estate firm CBRE, nearly 96% of existing space in the U.S. is currently in use, and large companies are working quickly to adapt to a new but uncomfortable reality: space, where it can be found, is expensive. For today’s manufacturers, it’s not uncommon to pay up to 30%…
2021 is not even half over, but already we have seen several glaring examples of just how fragile the modern supply chain really is. Irrespective of company size, product, or industry, one or more supply chain disruptions have the potential for disastrous consequences for manufacturers and other businesses. One example was recently seen with the…
A vast majority of OEMs, especially large-scale OEMs, over the last two decades, have settled into using a just-in-time delivery model with regards to inventory acquisition. On many levels, such a situation makes sense; just-in-time delivery models allow the OEM to maintain their working capital and cash flow until a purchase becomes necessary, while minimizing…