Asset Productivity: A Potent Lever For Competitive Advantage
Source: Boston Consulting Group
With economic growth stubbornly elusive, demand trends unclear, and prices under strong pressure across industrial goods markets, leading companies remain highly focused on improving operational performance. And no wonder: in many cases, margin improvements of just 1 to 2 percent can determine whether a contract is profitable or whether a business meets its ROI targets. So industrial companies continue relentlessly reducing their cost and capital bases through restructuring their operations, tightening their supply chain, and postponing investment.