Download White Paper: Factory of the Future
White Paper Excerpt
For many companies, incremental change is no longer a sufficient pathway for achieving the necessary ROI on their innovation investments. Rather, they need a holistic approach that considers every element of the production process. As they contemplate more significant change, however, they typically face an array of choices:
- What components of our key costs are likely to be most significant over the life of any plant?
- What elements of manufacturing and supply performance will add value to customers and other players on the value chain?
- How might these changes alter the most efficient configuration of the supply chain?
- How must the business model and corresponding pricing structure change to capture the value created by changes in manufacturing and the supply chain?
A rational process is needed to weigh these various, sometimes competing demands, and develop go forward manufacturing strategies that will allow companies to win on this critical dimension of innovation.