Use the Internet to research a U.S.-based company that manufactures technology products. Recommend one (1) approach that your selected company can take in order to lower the direct labor costs of technology products while remaining competitive with global markets. Provide a rationale for your recommended approach.

Imagine that you are a Chief Financial Officer (CFO) of a company. Recommend two (2) actions that you could take regarding the company’s supply chain to reduce manufacturing costs of direct materials.

Answer rating: 100% (QA)

APPROACH FOR LOWERING LABOR COST Review Levels of Compensation Salaries and wages tend to move one way upwardly even though markets and financial cond... View the full answer