How do you improve profitability in an industry of product commoditization and increased global competition? You've already cut costs for production, infrastructure, and human resources. What's next? The excellent execution of a few big ideas, such as increasing supply chain integration to enable collaboration? Or implementing better ERP to boost speed to market? Or aggressively managing product life cycles and pricing?
Deloitte knows how. With our 360° perspective, we see both sides of the balance sheet: for example, the greater profitability that could come implementing "market of one" concepts coupled with the cash flow leverage that could come from aggressive tax strategies. Why not have it all? Deloitte categorizes the process sector into three sub-sectors which include: