As a business owner, you know that in order to increase profit in your business, this is attained either by increasing revenues or decreasing costs, or a combination of both. In a high-volume business, saving as little as a few cents in variable or direct costs at a per unit level, can have a significant impact on bottom line. It is for this, as well as many other reasons, that your operations management individual or team will feature strongly in your business’ survival through hardships imposed by Covid-19 and the economic lockdown. You will need to rely on your operations management function to unlock efficiencies and cost savings to ensure overall business profitability.
These seven trends are currently featuring strongly in global operations efficiency discussions as areas of potentially “low hanging fruit” for unlocking cost savings:
If your business is experiencing difficulty in operationally recovering from the Covid-19 pandemic, our Management Consulting team has the expertise and experience to assist in carving the next chapter in your business’ future. Reach out to our team for innovating thinking to drive your business forward.
Let us assist you with: