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Common Challenges of Manufacturing in Mexico & How to Avoid Them

Ivemsa

Manufacturing in Mexico has ramped up over the past several years without any sign of slowing down. and other foreign companies continue to benefit from the competitive advantages this strategy has to offer, which include open trade agreements, access to a skilled workforce, and lower operational costs. Duty-Free Manufacturing.

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Navigating Tax Compliance When Manufacturing in Mexico

Ivemsa

There are numerous benefits of moving manufacturing to Mexico which have led to continuous economic growth and success for global companies across all industrial sectors. The country delivers has a highly-skilled, cost-effective workforce , and close proximity to the U.S. market, among its other advantages. Income Tax Laws in Mexico.

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Business process reengineering (BPR) examples

IBM Services

An early case study of BPR was Ford Motor Company, which successfully implemented reengineering efforts in the 1990s to streamline its manufacturing processes and improve competitiveness. In all, agents’ pre-and-post-call workloads were reduced by 30%. BPR initiatives generally boost key performance indicators (KPIs).

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Leveraging generative AI on AWS to transform life sciences

IBM Business Partners

Yet, it is burdened by long R&D cycles and labor-intensive clinical, manufacturing and compliancy regimens. The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery.

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Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency. This can make it difficult to track and manage.

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What is a Digital Twin and when you might need one?

Vilmate

Dr. Michael Greaves, a professor at the University of Michigan, pioneered using digital twins in manufacturing and proposed the software concept for this emerging technology. For instance, a process digital twin can be utilized to visualize and analyze manufacturing processes, logistics operations, or supply chain management.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Example: A car manufacturer acquiring a chain of dealerships to sell its vehicles directly to consumers. How to gain visibility and control of your indirect spend.