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But the bubble suddenly burst, and despite its clever manufacturing system Cisco was left heavily overcommitted as some of its customers slashed their spending.
This was unsustainable even before silver prices went through the roof, says Jack McCall of AMSC (formerly American Superconductor), the world's biggest producer of HTS wires.In the past few years, however, producers have devised clever manufacturing techniques which use only a tenth as much silver as before.
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They achieved their success with ingenious manufacturing, and clever market validation.
That, along with new products, better manufacturing processes and clever marketing.
You can make more and more with fewer and fewer people". For Mr Wood, the key to survival in manufacturing is to be clever about it.
Dr Negroponte and his non-profit venture, One Laptop Per Child (OLPC), hoped that the combination of clever design and the scale efficiencies of manufacturing would make it possible to make the laptops for $100 each.
Now the company is pursuing a strategy that relies less on manufacturing muscle and more on clever design.
Clever exploitation of the Internet enables modern manufacturing to discern what consumers want, and to efficiently procure the supplies and parts needed for production much more quickly than in the past.
The Herman Miller company's "Greenhouse" manufacturing plant in Zeeland, Mich., boasts clever design, abundant natural light, prairie views and a productive workforce.
The team is triggering a manufacturing run when they sell 10,000 units, a clever marketing effort.
If they pursued that advantage, not only would their manufacturing and service sectors receive a boost, but their economies would grow richer and cleverer.
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