Shortened Product Lifecycle
Over last few decades organizations are struggling with ever shortening of the product life cycle. The need to rapidly introduce new products given the rapidly changing consumer, competitive & technological landscape has been critical
Extended of Supply Chain
As organizations have moved offshore their supply chains have extended adding new layer of risks, lead time & opaqueness across R&D, Engineering, Operations, Packaging, Procurement, Finance and external vendors, suppliers & contract manufacturers
Poor Collaboration
With global supply chains, organizations need to .dramatically improve trust, collaboration & information flow to effectively manage cost & competitive pressure