Sentences with phrase «reducing the labor cost»

Most benefits may come not from reducing labor costs but from raising productivity through fewer errors, higher output, and improved quality, safety, and speed.

That will eliminate more jobs and allow us to reduce our labor costs.

Carrier announced earlier this year that it planned to close the factories and move manufacturing jobs to Mexico, a change that was estimated to save parent - company United Technologies Corp. $ 65 million a year, in large part due to reduced labor costs.

Whether a small business is looking to reduce labor costs, improve productivity, eliminate unauthorized use or improve efficiency, fleet tracking gives them the ability to accomplish all of these goals.

WorkJam is a web and mobile app that runs either stand - alone or integrated with your existing workforce management system to enable better communication with associates, enhance employee self - service, reduce labor costs and improve employee motivation, engagement and overall customer service.

Outsourcing medical billing not only reduces the labor costs involved with building an in - house billing department, but also helps medical professionals concentrate on growing their business.

Our highly - qualified finance and accounting outsourcing analysts and CPA's provide professional support while helping the client reduce labor costs significantly.

Robots are increasingly being used in workplaces to increase productivity and to reduce labor costs.

To reduce labor costs, Ford had planned to build a small car manufacturing plant in Mexico and move those operations out of the U.S. but scrapped the project.

Given the riskiness of a new venture, the acquisition of captial funding is particularly challenging, and many entrepreneurs deal with it via bootstrapping: financing a business using methods such as using their own money, providing sweat equity to reduce labor costs, minimizing inventory and factoring receivables.

Moreover, if, as is usually the case, mechanization is part of the whole development scheme, these large landowners will be able to reduce labor costs considerably by converting to machines, usually purchased cheaply because of government subsidies.

The House Republicans rightly point out that the proposed increase in low - skill immigration will increase the labor market competition facing a group that already has an unemployment rate of over 10 % in order to reduce the labor costs of employers.

While best known for the Wunder - Bar flexible hose dispenser (bargun), one of its most successful products in recent years is the Wunder - Bar pizza sauce dispenser, which improves product quality and consistency, eliminates waste and reduces labor costs for its customers.

Industry leading sanitary design construction, continuous flow solutions, and safety features make our size reduction equipment the cleanest and safest on the market, while reducing labor costs.

Meanwhile, Ghirardelli's premixed coffee (real Columbian coffee) guarantees consistent flavor, less waste and reduced labor costs.

The screen shelves allow for quick and easy loading and unloading of product to reduce labor costs.

To keep a foothold in the market, brands must explore long term investment opportunities in adaptable and versatile packaging equipment, in order to increase output and reduce labor costs.

Whether you are building a new plant or retrofitting an existing facility rely on Emmeti's over 32 years of experience in the industry to bring you innovative new equipment, with no proprietary parts, to improve your plant efficiency, reduce labor costs and add more profitability to your bottom line.

You will see reduced labor costs, reduced food costs and a positive return on your investment.

ITB Packaging LLC developed a new manufacturing process to create high - quality packaging dividers that are easy to assemble and use, reducing labor costs.

Electronic monitoring and storing of data ensures that your ice machine is always preparing and storing data for service and maintenance, reducing labor costs and downtime.

By automating the process and reducing labor costs, they have lowered the cost of operating a restaurant, making it financially practical to purchase higher quality ingredients for meals.

By reducing labor costs with volunteers, more money will actually be spent on the food served to the children.

School boards and parents, however, will fight efforts to substitute machines for teachers, even when champions of reducing labor costs dress up the purchase of new technologies as overall savings and a technological Utopia.

They can now trim their budgets since the ultimate goal of SB24 is to reduce labor costs... less experienced teachers, the lower the salaries.

The auto maker had threatened to close the site unless a way was found to reduce labor costs.

GM said it will also lower its breakeven volume point to 10 million vehicles by reducing its plants from 47 in 2008 to 34 by the end of 2010, cut an additional 7000 to 8000 North American employees in addition to the cuts dictated in the February viability plan, and reduce labor costs from $ 7.6 billion in 2008 to $ 5 billion in 2010.

Reducing the labor cost will help maximize your return.

The three top three ranked ones reduce labor cost via delegation to lower cost resources.

Spearheaded cost - reduction initiatives that reduced labor costs by 18 %, overtime by 34 % and material waste by 42 %.

E.g.: trained one assistant manager; or: reduced labor costs by 15 %; or: carried out a demographic study to establish the store's target market.

Refined and improved existing documentation system, resulting in reduced labor costs totaling $ 15,000 annually via increased workplace efficiency

It also helps you to improve the customer service and reduce the labor cost involved.

Properly managed, it is noted that extended workers can provide a significant competitive advantage by reducing labor costs, allowing companies to be more responsive to dynamic market conditions, and filling critical workforce gaps.

Introduced process improvements that significantly increased efficiency on assigned projects, reducing labor costs up to 15 % and allowing budgets to be used for overruns on other office projects.

Led continuous improvement projects to optimize material and labor costs, lowering material costs by ~ $ 120K annually and reducing labor costs by ~ $ 25K per year.

Reduced labor cost from 24 % to budgeted 11 % of net revenue in one month by creating new scheduling procedures.

Key Achievements: • Implemented an automated payroll system which reduced labor cost by 40 % • Trained 12 new inductees regarding company's policy on accounts handling

Reduced labor costs 4.

Led Six Sigma and lean manufacturing initiatives that reduced labor costs by 20 % while catapulting profit, productivity and quality metrics by 55 %, 75 % and 35 %, respectively.

Track record of assisting in the design and implementation of reporting procedures that reduce labor costs and improve customer - satisfaction ratings.

Assisted in reducing labor costs, through effective staff reorganizing.

It also helps you to improve the customer service and reduce the labor cost involved.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Good community relations programs give employees a reason to be proud of the company, which increases loyalty and may help to reduce labor and production costs.

When designed well, putting customers to work can save labor costs, reduce human error, and even save the customer time and money.

(The recent slowdown in productivity could arguably be because of the low cost of labor and, therefore, reduced incentives to invest in capital and would likely rebound as labor markets get genuinely tight and start pushing wage - growth up.)

Franchisees will also keep a sharper eye on the expense side of the equation — on labor costs, theft (by both employees and customers) and any other line item expenses that can be reduced.

Initial labor costs were reduced by volunteer help.

Their labor theory of value found its counterpart in the «economic rent theory of prices» to distinguish the necessary costs of production and doing business (reduced ultimately to the value of labor) from «unearned income» consisting mainly of land rent, monopoly rent, and financial interest and fees.