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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 7/8:

To sum up, competing successfully with low-wage manufacturers like those in China necessitates a revolutionary change in how American companies operate. The answer lies not in imposing tariffs or slashing wages but in being smarter about how manufacturing processes are organized.

By breaking down traditional barriers, promoting worker accountability, simplifying supply chains, vertically integrating processes, and leveraging automation judiciously, a sustainable and competitive manufacturing environment can be fostered. If companies embrace these forward-thinking methodologies, there is real potential to not only survive but thrive on both local and global stages.