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Manufacturing 4.0: The Cost of Progress
Make no mistake: Manufacturers will need to pay tolls along the road to Manufacturing 4.0.
Manufacturers invest time, energy and capital to implement advanced technology and best practices.
Cost is likely to be the biggest obstacle for many small- to mid-sized companies. Pilot programs may require you to revisit your budget and raise additional capital. And your company may need to make tough decisions regarding strategic investments, such as launching new products, purchasing new assets and making strategic acquisitions. You simply don’t have the resources to do everything at once.
We can help you strategize how to move forward by running financial projections to help you determine which alternatives to pursue today and which to table for future years.