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Applying Lean to New Product Development

Waste isn’t to be found only in a company’s operations and manufacturing activities. It can be a drag on innovation in the R&D department as well. As businesses in every sector make their way through an uncertain economy, launching new products that deliver value to customers and create new revenue streams is a critical but difficult task.

Slow Auto Recovery Is Forecast

The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.