Behind the numbers – how GXO's strategy stacks up
Neil Shelton on M&A, returns and outsourcing
One response to rising labour costs in Asia, particularly China, is to go headlong down the automation path, which German sports goods giant Adidas appears to be planning after showing off its new “speedfactory” concept. It is its answer to relocating manufacturing in the US and Europe to serve those local markets, and circumvents the thorny problem of western wage levels by almost entirely employing “intelligent, robotic technology” to produce its footwear faster than ever. The first 500 pairs of ...
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