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Risk management

To manage their profit margins, companies need to have a laser focus on three primary components of product costs: materials, overhead and labor. Some are effectively hedging key materials to mitigate price fluctuations while others are investing in robotics and other equipment to produce products more quickly and efficiently. In addition, manufacturers must balance the continuous challenge of attracting and retaining skilled labor with the implementation of newer technologies. 

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Steve Menaker 
National Manufacturing Practice Leader

800.274.3978


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News, trends, and insights for manufacturing and distribution executives.