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The industry is being forced to move at a faster pace than ever before, Steven J. Goodman of Epec writes.
December 6, 2019
By: Anthony Locicero
Due to increasing global competition and demand for innovative new products on a more frequent basis, the industry is being forced to move at a faster pace than ever before. In addition, customers, whether in a B2B or B2C market, demand customized products, short lead times, and higher quality. For several years during the transition, companies relied on cost-cutting to stay competitive with low-wage regions, but cost-cutting is not a sustainable long-term strategy. As a result, companies in mo...
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