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The chip shortage is expected to cost the global automotive industry US$210 billion in revenue in 2021. [50] [51] [needs update] Despite lower sales, some manufacturers increased profits over 2020, as Toyota and General Motors, for example, saw record profits for 2021, due to resilient demand and decreased financial incentives offered to buyers.
August 1, 2024 at 7:58 PM. Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals ...
Overall equipment effectiveness. Overall equipment effectiveness [1] ( OEE) is a measure of how well a manufacturing operation is utilized (facilities, time and material) compared to its full potential, during the periods when it is scheduled to run. It identifies the percentage of manufacturing time that is truly productive.
Supply chain management is a cross-functional approach that includes managing the movement of raw materials into an organization, certain aspects of the internal processing of materials into finished goods, and the movement of finished goods out of the organization and toward the end consumer.
Paramount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said on Thursday. The media company disclosed its plans for the layoffs as it released its second-quarter ...
The proposal would likely increase taxes significantly for millions of low- and middle-income households. [134] It aims to reduce the corporate tax rate from 21% to 18%, calling it "the most damaging tax" in the country. The 2017, TCJA cut the rate from 35% to 21%.