Leveraging Ideas
It’s been a long journey for many world-class teams that began with the oldest trick in the world: leveraging volume. Now, it’s time to apply the latest best practice and that is to leverage ideas across the extended enterprise, that is, the “integrated supply chain.” The strategy has to be expanded or leveraged in order to fulfill its potential. If I have ever seen lost opportunity, it is in this area. Ideas that could be leveraged but are not represent an unnecessary cost to the company. Here are a few ways to ensure that ideas are leveraged across product platforms, service contracts, and capital equipment purchases.
Set up an AIM & DRIVE database where the worksheets from various teams are stored.
Provide an incentive for ...
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