Remove Inventory Management Remove Labor Costs Remove Management Remove Time Savings
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Hard Savings vs Soft Savings—What’s The Difference?

Obobo

Some examples of hard savings include reducing material costs or increasing efficiency, while soft savings might include improving customer satisfaction or reducing employee turnover. It’s essential to recognize the value of both hard and soft savings, as they both contribute to overall success.

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Yanfeng Auto adopts IBM Data, AI and Intelligent Automation Software to accelerate digital and intelligent transformation

IBM Business Partners

That presents big challenges for the company in terms of labor cost and efficiency. For example, for each manual installation, deployment, configuration, upgrade, and maintenance, it would take days or weeks and incur a huge labor cost. However, this open-source system poses multiple operational complexities.