Most companies have spent years implementing lean processes to lower production costs, reduce inventory, and better utilize working capital. However, many firms have now discovered that, after the first several passes, the value of applying lean principles to their business processes incrementally decreases as time goes on.
Firms seeking further efficiencies now must reexamine how they create value for their customers. Firms who adopt the “extended enterprise” view of their supply and demand chains realize that the next frontier for process and financial improvement lies in improving the expression of demand across the value chain.
Improving inter-company processes and results requires a fundamental shift in the way firms think about their value chains. Keough Associates helps firms define, measure, and harmonize the numerous elements required to identify new opportunities for efficiencies, financial gain, and customer satisfaction.