Supporting your continuous improvement projects with subsequent digital technology can be smooth, inexpensive and, with the advice and support of CI experts, results will pay dividends. Oliver Stone explains.
Pricing is a business’s strongest profit lever. Unfortunately, it is often the most neglected and when poorly managed it erodes margins very quickly. So, how does a finance leader ensure that their company manages pricing as professionally as they manage costs?
We are constantly regaled with how our future will be changed by advances in technology: 5G super-fast communications, autonomous vehicles, AI, and digital life at bewildering speeds. Rarely do we stop to ask what will power this technological acceleration.
Industry commentators believe that, over time, every machine on every factory floor will have its own digital twin. Some have even been so brazen as to suggest that at least half of large industrial companies will adopt this self-learning technology by 2021.
From entrepreneurial ventures through to multinationals, intellectual property is key for capturing the value of innovation, and a good IP strategy needs to be tied to, and will help deliver, business objectives.