The Postal Accountability and Enhancement Act of 2006 (PAEA) ushered in a new regulatory structure for the U.S. Postal Service. One key element was a price cap on market dominant products. (Most of the Postal Service's products are market dominant.) This means that price increases for market dominant products are capped by the rate of inflation as measured by the Consumer Price Index (CPI).
Once upon a time the assembly line was the symbol of cutting-edge innovation and efficiency in manufacturing. One day soon 3D printing could give the assembly line a run for its money.
Whereas, in traditional manufacturing, parts and pieces are often collected from...Read More