The most common business challenge facing Canadian manufacturers is identifying how to eliminate unnecessary spending and reduce lost revenue. Today’s higher operational costs, increasingly complex supply chains, and rising compliance expenditures make facing up to this challenge critical for business success. The solution is to implement a productivity improvement strategy.
The challenges facing Canadian manufacturing leaders
Today’s COOs are expected to deliver on operational excellence, while CFOs are being challenged to ensure their organizations have a strong financial foundation. They both face similar challenges and need to find answers to three key questions in particular:
What are the opportunity costs of not identifying and addressing hidden costs?
What are the costs and key challenges of addressing the Status Quo?
How can we build sustainable business processes to help achieve our strategic goals and boost cost-savings?