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With economic growth stubbornly elusive, demand trends unclear, and prices under strong pressure across industrial goods markets, leading companies remain highly focused on improving operational performance. And no wonder: in many cases, margin improvements of just 1 to 2 percent can determine whether a contract is profitable or whether a business meets its ROI targets. So industrial companies continue relentlessly reducing their cost and capital bases through restructuring their operations, tightening their supply chain, and postponing investment.
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