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Economist study: OEMs create new revenue streams with next-gen supply chains
Original equipment manufacturers (OEMs) make the wheels go round for the business world. But demand for faster, cheaper, and smarter products and components put major downward pressure on profit margins. Successful OEMs are always on the lookout for opportunities to drive down costs and differentiate their brands and the rise of the Internet of Things (IoT) offers a golden opportunity to do so by embracing fundamental supply chain transformation.
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