Feb 19, 2021

Alibaba: Top 10 cost reduction practices in production

SmartManufacturing
CostReduction
Technology
Alibaba
Georgia Wilson
5 min
Production
Business Chief takes a look at Alibaba’s list of 10 tips for optimisation and cost reduction practices in production for manufacturers...

Identifying that “in most cases, production costs are the largest expense that manufacturing businesses face,” Alibaba details that for organisations looking to optimise profit margins and increase their bottom line should find ways to cut back on production costs.

In this top 10, we take a look at Alibaba’s list of top tips for manufacturers to optimise and reduce costs in their production operations.

For more information on manufacturing topics - please take a look at the latest edition of Manufacturing Global.

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