Inflation is the challenge that is eating up the margins of most of companies in the packaging business in Asia and causing them to find ways to survive or exist to keep their position in the market. Raghunandan Saraf, CEO and Founder, Saraf Furniture said that a number of companies are now adopting operational efficiency through a redesign of their manufacturing techniques to try to experience cost reduction in the most quality-effective way. This also involves huge investments in automation and new digital technologies, which help to boost manufacturing and supply chain operations.
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