Study: Manufacturers will try to reduce costs by 1.5% this year

03/12/2013 | Manufacturing.net

U.S. manufacturers are looking to reduce the cost of goods sold by 1.5% this year by improving operations, optimizing supply-chain networks and using strategic sourcing, The Hackett Group reported in a new study. According to the study, manufacturers plan to take advantage of stabilizing GDP growth and boost their margins.

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