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Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow

Digital transformation has become a key driver of efficiency and competitiveness across industries, and manufacturing is no exception. Integrating these advanced technologies makes it possible to create a smart and interconnected manufacturing environment which increases the efficiency of the manufacturing processes.

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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Embrace Innovation Innovation can be a game-changer for businesses by simultaneously enabling them to operate more efficiently and open up new revenue streams. This flexibility enables businesses to reduce fixed costs by shrinking the size of their commercial office space, scale their workforce based on demand, and improve overall efficiency.

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Technology Is Changing What a Premium Automotive Brand Looks Like

Harvard Business

The automotive industry is being disrupted by electric vehicles and self-driving cars, just as home appliances is being disrupted by the Internet of Things and smart appliances, home entertainment by on-demand content providers, and apparel by online personal stylists such as Stitch Fix and Trunk Club. Marketing and sales: offline vs. online.

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Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow

How can manufacturers ensure production efficiency and competitiveness? Digital transformation in the manufacturing industry refers to the application of digital technologies to any manufacturing process with the aim of its optimization, increasing the quality of the output, and enhancing overall efficiency.

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Top 15 Capacity Planning Tools for Your Business [2024]

Epicflow

Reporting and analytics A robust capacity planning tool should generate reports and dashboards with insights into resource availability and capacity, allocation, and utilization, which will help managers track resource performance and assess the efficiency of project work. Why do you need capacity planning software?

Tools 101
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3 ways to turn first-time electric vehicle owners into loyal customers

1 to 1

EV sales are growing at a rapid clip as consumer interest in sustainable products and air quality increase and automotive manufacturers deliver a wider range of EVs at different price points. In addition to zero tailpipe emissions, EVs offer more efficiency than traditional vehicles, lower energy costs, and require less maintenance.

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Organizational structure for remote teams

Asamby Consulting

Poor(er) problem solving Businesses are facing and making tough decisions, to identify a problem, break it down into its components, and solve the problem effectively and efficiently is vital. Examples of common functions are sales, marketing, human resources, etc.