Managing complexity in products, processes, and supply chains is a growing challenge. The related costs are often hidden, but they can be a significant drain on profitability. This paper provides guidance on how to uncover the true costs of complexity, optimize the value of product portfolios, and master complexity across the value chain. By following these guidelines, companies can achieve a 25 to 100 percent increase in profit margins.
Authors: Aaron Brown, Bernd Elser, Felix Münnich, Reinhard Messenböck, Satoshi Komiya
Source: Boston Consulting Group (BCG)
Subjects: Management, Operations