Despite some tentative signs of manufacturing sector recovery, cost reduction strategies remain a key focus for many businesses and could make the difference between success or failure in the months ahead.
In this infographic, cost and value engineering specialist, Alan March shares his insights into steps businesses can take to utilise cost and value engineering best practice during challenging times – and how it can help in the future.
While the concept of ‘split ticketing’ is nothing new, the recent launch of Trainline’s ‘SplitSave’ ticketing tool could allow many more passengers to cut costs on rail journeys by finding them clever combinations of tickets. Phil Bulman examines the future of rail ticket pricing in Britain.
Re-making, re-engineering, and transformation are all terms the auto retail sector was discussing before the crisis. The corona virus is offering a real opportunity to turn this rhetoric into reality. If there was ever a moment “not to waste a crisis”, it is now.
How the appliance of exceptional data science transformed the business strategy decision-making for a leader in UK wholesale distribution.
Optimising the impact of your cross-function cost management. In an aerospace design environment, where there are competing challenges on engineers in terms of functionality, performance.
Accessing and organising data, which is both reliable and capable of delivering valuable business insights, is a constant challenge for high-value manufacturers.
Dominic Tribe explains how production-oriented prototyping can help reduce costs and risks for manufacturers by integrating design resources.
Jaguar Land Rover (JLR) has called for the creation of multiple ‘gigafactories’ to provide the large volume of batteries needed to fuel its electrification strategy.
