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How do you rank cost, quality and on-time delivery when it comes to your manufacturing needs?
Defining the Factors
Before answering this question, let’s first define cost, quality and on-time delivery. Although cost can be measured in several ways, in this discussion cost is defined as the price of the part, not the total cost of ownership (TCO). Quality is the overall value and usefulness of the product or service. This may include features, durability, reliability [...]
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