#1. cost optimization

The blog post emphasizes the need for MSMEs to adopt cost optimization strategies to overcome challenges such as rising input costs, inefficiency in manpower, and obsolete processes. It introduces various cost optimization techniques, including hiring Performance Improvement Consulting Services, adopting Business Process Excellence Consulting Services, improving production through Manufacturing Consulting Services, redesigning workflows with Lean Plant Layout and Factory Plant Design, and implementing Lean Service Management. By leveraging these strategies, MSMEs can achieve long-term profitability targets and become more agile and responsive to market shifts