Products that are manufactured must enter the market, quickly and should be of high quality possessing the right features, and be priced correctly/reasonably in order to not only develop customer loyalty but also retain it. Furthermore, the Market demands urge/forces manufacturers to evaluate their products, and improve their supply chains, manufacturing operations,
and facilities, continuously.
often referred to as business consulting, is defined as “advisory and/or implementation services to the (senior) management of organizations with the aim of improving the effectiveness of their business strategy, organizational performance, and operational processes”.
What is the new reality in today’s manufacturing enterprises
is - complexity. Along with the everyday activities, enterprises are given the task of driving out costs, cultivating empowered organizational behaviors, and using newer technologies, with the satisfying surging of discerning customers. Lastly, the need to progress quickly is also important.
On numerous fronts, the manufacturers are anticipated to meet the expectations of clients and some of these include identifying where does complexity in manufacturing originates from and how can one find out what is impacting the operations.
The Business processes are formed are processed in numerous layers and they are also interwoven in order to manage what has, in most companies have been taken for granted, previously. And, this is specifically in smaller footprint firms/enterprises. Others include effective communication that is needed for businesses carried out across oceans and time zones, at the same time managing company culture, along with mitigating logistical challenges.
2. Changing market conditions
While Markets conditions are continuously changing, they have become dynamic and volatile owing to customer requirements. Furthermore, changing conditions in markets that provide input or supply to manufacturing includes factors such as raw materials, staff, process technology & IT fuel complexity.
For instance, in the case of new businesses, new processes grow and manifest in order to exponentially support the acquisition of resources – on time and cost-effectively.
• The main factors to consider are does it take you longer to acquire resources?
• Are you spending much of your time negotiating cost and delivery?
• Are you Justifying what used to be obvious, earlier?
• Lastly are Using systems or being managed by them?