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Cosmetics company uncovers hidden cash
Sometimes even the best-managed companies can overlook a hidden store of cash. Consider the case of Cosmetica Laboratories Inc., a highly successful, fast growing Toronto cosmetics manufacturer. Cosmetica, listed on Deloitte’s Canada’s 50 best managed companies over the past three years, is a vertically integrated company that develops and manufactures makeup for brand names around the world. Revenues have been growing rapidly year over year with calls coming in from prospective clients on a regular basis.
Nickel smelter bolsters profit during hard times
It started out as a straightforward challenge: A nickel smelter in northern Ontario had to cut costs to cope with worldwide pressures on nickel prices. Its goal was to reduce the weighted average cost to produce a pound of nickel and copper by 20 cents to $1.30.
Popular consumer brands need leading-edge supply chains
When a giant multinational consumer and foodservice manufacturer – whose products are cultural icons in more than 50 countries – set out to simplify its complex supply chain with the implementation of enterprise-wide software, the company knew it would be a major undertaking. Given the potential savings associated with reducing inventory on a global basis, however, the rewards could be equally great. Like any major technology implementation, deriving full benefit would depend on the implementation partner’s ability to understand all the issues and business processes involved.
Quebec manufacturing plant: 2 scenarios calculate SR&ED claim and cost
R&D Co. operates a manufacturing plant in Quebec and produces chemical products for the pulp and paper industry. To remain competitive, R&D Co. undertook to improve its process efficiency by developing a continuous manufacturing process instead of manufacturing its products in batch mode. The process sought is an innovative concept that would allow more process flexibility, improved product quality and would be more cost effective.
Sony Canada launches new high velocity supply chain
Sony’s consumer electronics marketing, sales and distribution division in Canada had a clear mission: improve its supply chain management capabilities to reduce inventory and increase product velocity, in a cost-effective way.
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