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A Five-Fold Approach for Helping Product Developers and Manufacturers Innovate Forward
Posted: June 10, 2020As the manufacturing sector continues to be hard hit with the impacts of COVID-19, companies are increasingly seeking partners with robust supply chain solutions and proven experience for navigating disruption, increasing resilience, and preparing for a new future. We have the experience and resources to close your inventory gaps and meet your immediate products needs, and while helping you identify opportunities for innovation that will fortify your business for the future.
Leading at the Cusp of a Post-COVID World: Three Core Competencies for Effective Action
Posted: June 3, 2020The timeworn business adage, “Persist, pivot, and persevere,” has never been more relevant for companies that find themselves on the cusp of a post-COVID world. The dust is finally beginning to settle, yet there remains no question that recovering from the impacts of an unprecedented pandemic will require unprecedented levels of leadership.
How Companies can Mitigate Geopolitical Risk in a Volatile World
Posted: May 27, 2020You might think geopolitical risk isn’t something your business has to worry about. But more now than ever, companies with stakes in global markets are realizing that geopolitical risk is not just a matter of state-sponsored actions (as with recent Chinese trade tensions). Geopolitical risk is now more a matter of the multiplicity of internationally interconnected and often uncontrollable events, actors, and forces (such as COVID-19) that impact markets and power-interests, both governmental and private.
Industry X.0: How Product Developers Can Combine Digital Technologies to Drive Growth
Posted: May 20, 2020To make the most of Industry X.0, it’s not enough to merely mix and match digital technologies. Companies must also update their operating models and value chains to create a larger eco-system in which digital combinations can gain the greatest traction. That said, combining technologies is a worthy place to start on the road to building digital muscle. With this in mind, what digital combinations are proving to most powerfully drive cost savings and growth? We’ll focus on four in particular.
How to Ensure Design Drives Revenue in New Product Development
Posted: May 13, 2020While it’s long been known that design is critical to product performance, companies are increasingly correlating design with bottom-line results. Organizations that have invested in top design talent and advanced design processes drive results that go beyond product performance and user experience (UX). These results can be traced directly to revenue and define design as one of the company’s chief competitive differentiators.
How do companies that have made design a key revenue-driver differ from their competitors, and how can your company leverage design to achieve your concrete business objectives? Here are six winning approaches.
3 Critical Perspectives for Increasing Supply Chain Security
Posted: May 7, 2020As companies scramble amid the COVID-19 sourcing crisis, crucial information is often unavailable or siloed within global teams. This results in a reactive and uncoordinated response, exposing companies to excessive impact and underscoring the need for critical perspectives that cut through confusion and increase supply chain security.
Why is it that so many companies struggle to map their supply chains and adequately prepare for disruption, despite the consensus that this is essential? Here, we’ll take a look at barriers and offer critical perspectives for breaking through them.
Innovation in a Time of Crisis: Repurposing Production
Posted: April 29, 2020It goes without saying that COVID-19 has produced system-wide disruption that is confronting businesses of all sizes with the most formidable challenges they have ever faced. But this disruption is also presenting businesses with powerful opportunities for innovation, and many are rising to the challenge by partnering with agile supply partners to repurpose their production lines. Whether it’s perfumers pivoting to hand sanitizer, electronics firms producing surgical face masks, automotive manufacturers supplying ventilators, or even restaurants that have entered the grocery business, companies are reinventing their supply chains to keep their businesses up and running.
How to Assemble a Disruption-Resistant, Rapid-Response Team
Posted: April 22, 2020One of the main challenges of major disruption is the fact that conditions tend to change so rapidly and unpredictably that the very protocols and processes that are an advantage during “business as usual” prove to be a liability during times of crisis. Among the top dangers that businesses must avoid is adherence to routine channels of organizational governance that delay urgent decision-making. For this reason, the order of the day during a crisis is the assembly of a network of specialized yet highly coordinated rapid-response teams.
Navigating COVID-19: Short- and Longer-Term Strategies for Medtech Leaders
Posted: April 15, 2020COVID-19 has sent shockwaves rippling through the supply chain, with the impact on medtech posing the most critical challenges and repercussions. As C-suites of medtech companies scramble to make sense of the crisis and marshal effective action, they’ll need both short- and longer-term strategies for successfully moving forward.
How can medtech companies effectively mobilize during this unprecedented time of challenge? Here are 11 crucial strategies for taking both short- and longer-term action to add ballast to your business in the present and better position it for the future.
Transparency in Supply Chain Management: Challenges and Benefits
Posted: April 7, 2020Supply chain transparency has become increasingly sought after in today’s market. In some cases, companies have no options but to comply as they’re subject to growing pressure from governments, NGOs, consumers, and other stakeholders to divulge more information about their supply chains.
Supply chain transparency is a hot topic in the industry. To better understand why, let’s explore the meaning of the term transparency, as well as some of the significant challenges and benefits associated with it.
