Operations, business unit and supply chain leaders are in the hot seat. Faced with declining revenue growth and pinched margins, companies are looking now more than ever to cut costs and squeeze cash from operations.
Chief operating officers are being asked to deliver on inventory and working capital management, manufacturing capacity, return on assets, and product lifecycle. On top of downturn pressures, COOs must scale global operations to tap emerging markets and low-cost supply sources. They must also remain current on issues such as operations risk, tax advantages and environmental sustainability.
It’s the cash and efficiency freed up by operations now that will fund investments in growth, innovation and customers coming into the upturn. Deloitte will be there along the way, providing perspective to manufacturing organizations, services businesses and infrastructure operations. We hope the insights and experiences gathered here aid in this journey.