No matter what type of product they make, all manufacturers walk the same fine line and face many of the same burdens. For example, when the path to profitability reaches a T or a Y, management often must make a critical decision: go left and invest in assembly automation technology, or go right and outsource production.
No matter what type of product they make, all manufacturers walk the same fine line and face many of the same burdens today, such as rising health care costs, soaring energy prices and fluctuating raw material supplies. But, when the path to profitability reaches a T or a Y, management must make a critical decision: go left and invest in assembly automation technology or go right and outsource production.