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2 Ways High-Tech Manufacturers Can Manage Price Erosion

Israel Rodrigo< Israel Rodrigo December 20, 2018

For high-tech manufacturers, the ever-increasing speed of innovation can be a double-edged sword. On the upside, continuous advances in technology allow companies to continuously improve and add value to their product lines. What’s more, introducing new tools and technologies opens up tremendous cross-sell and upsell opportunities. The downside? As new product release cycles accelerate, product lifecycles are getting shorter. The result is fast price erosion and shrinking margins. For more, read the full article by our Israel Rodrigo at Manufacturing.net