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Wipfli partners pointed out that although plastic processing is squeezed by low capacity utilization, labor shortage and rising costs, data centers, medical care, packaging and electrification bring opportunities. It is recommended to focus on control: improve OEE, optimize mold change schedules, reduce waste downtime, promote automation and digitization, flexible pricing and manage cash flow and talent. Those with strong financial discipline will be the first to benefit.
[Principles of Formula Pricing to Commodities]
(Source: Business Society)
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