As any industry manufacturer knows, time plays a crucial role in the efficiency of a production line. And removing staff from that line for any reason can severely affect its “Takt time” – the rate at which a product must be completed to meet customer demand. Takt has a direct impact on a company’s financial
The Foschini Group, one of the country’s largest clothing retailers, has announced that it will start reducing Chinese imports, and increase investment at two of its clothing factories in the Western Cape, adding more floor space and employing an additional 530 workers this year, and 5 000 by 2025. This is a silver lining in
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