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Managing complexity and its related costs is a growing challenge for companies. The increasingly global nature of business gives rise to diverse customers and markets, convoluted supply chains, and vast supplier networks. The trend toward product customization allows customers to "Have it their way" but wreaks havoc on production schedules and inventory management. Parts and components proliferate on warehouse shelves, sophisticated technologies and formulas underlie even the most basic products, and our gadgets have more features and functionality than ever before.
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