Product optimisation
Manufacturing product optimization delivers greater business value
As manufacturing consulting experts, PA believes that radical value growth requires the re-design of the product and improvements to its value chain. How? The product and its value chain must be re-designed, as follows.
Get the product right
To maximize the product’s intrinsic value, you need to design the product for the value chain:
Get the value chain right
Our manufacturing product optimization experts believe that it is essential to enhance the total delivered value of the product along the whole value chain. PA helps you achieve this by designing the value chain and enabling it to deliver value creation. The key steps are to:
- take a product view when designing the whole value chain, balancing the trade-offs in terms of cost, quality and service
- harvest complementary core competencies as an integral part of the design and sourcing strategies
- ensure information connectivity within the value chain to create clear and rapid visibility of demand
- establish robust management and control processes along the length of the supply chain
- include after-market services in the total product value chain.
Collaborate to keep it working
Establish the environment for control and collaboration to sustain the increased value and help to achieve product optimization.
Value chains are becoming more inter-dependent and integrated. Further integration requires greater collaboration. Collaboration is not easy as OEMs and other powerful players have previously taken inequitable shares of the benefits created.
The apportionment of implementation costs and the subsequent benefits should be agreed at the outset, using an independent broker if necessary. This provides the framework for greater commitment to the integrated and collaborative value chains of the future.
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