In such trend, Fujifilm has strived to reduce the costs of the production process for its existing negative films and positive films and continued to supply such films.
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This device can then be used as the basis for more integrated and cost-efficient, high-volume production versions to help reduce the time and costs of getting to market.
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For more concrete products, manufacturers have moved towards cheaper materials in order to reduce production costs, but the result can be products that fall apart sooner.
The decision to focus on boosting efficiencies made sense because doing so is one of the key ways for manufacturers to reduce production costs while selling them a higher prices.
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The quicker production cycle reduces energy use and could ultimately reduce component costs.
Toyota employees would then work in the field and provide pro bono consulting services with the goal of increasing productivity and safety while helping to reduce production costs and time.
The thrust of car-making technology is to reduce costs on low production volumes of less than 100, 000.
While the company has taken some steps to cut production capacity and reduce costs, further restructuring is needed to restore profits.
For example, markups are added to expensive pieces of medical equipment, and there is little incentive for manufacturers or suppliers to find ways to reduce production costs, as would normally happen in other parts of the economy.
In contrast, Yokohama-based Nissan has gradually shifted more production away from Japan over the last decade, in order to reduce costs and protect against currency fluctuations.
Innovative solutions like demand-driven forecasting, in which real-time customer demand information is translated into super-lean production and delivery, have allowed companies to dramatically reduce inventory levels and the costs associated with them.
The company confirmed that it would expand and modernize three aluminum production facilities to reduce costs as well as greenhouse emissions.
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