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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 533 |
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The company was able to capitalize on its current market by being innovative and achieving strong alliances with its customer base. However, the current equipment that Nypro has (Nestal) does not have the necessary flexibility demanded by the competitive marketplace. It does not allow for rapid or versatile prototyping...
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It does not allow for rapid or versatile prototyping. Nypro decides to adopt a new molding machine (NovaPlast- intended for a short-run business, quickly timed and repeated small requirements). Novaplast will not only minimize nonvalue-added activities associated with the legacy system but it can also be used for development-type projects where time to market is essential...
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