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After decades of contraction, the general manufacturing industry has
remained on a stable growth rate in recent years.
During the contraction, the industry produced
several transformational innovations including
lean six sigma and
just-in-time manufacturing. As the industry
has matured and become commoditized, new
challenges have arisen from global competition,
pressuring producers to find the perfect balance
of global capability/low cost position. These
challenges are compounded with the market forces
created by constant innovation and the need to
identify new opportunities for organic growth
from existing value chains. |
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Cost, as always, has remained the core force of
any competitive industry, and maintaining the
lowest cost position over your competitors is a
key objective. Managing revenue to support
product strategy, innovation, and active
customer management helps to ensure customer
alignment with product value. A return to these
manufacturing fundamentals is resulting in new
joint cooperation sourcing models with fewer
supply partners, wraparound services (insurance,
etc), and right sizing global manufacturing
footprints.
WGA's services focus on helping clients develop
the corporate strategy that offers the "best
position to win" options. We begin by evaluating
value streams, customer needs, cost position,
competitive position and growth opportunities,
and operating performance. We focus on the
details that enable our clients organization to
deliver uncommon results through executing cost
reduction and organic growth roadmaps, as well
as acquisitions. |
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Perspectives |
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Mark
Partner
WGA Texas |
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"Without proper planning, acquisitions add
unneeded complexity. Buying brands and
capabilities should focus on reducing variations
rather than assuming unneeded challenges."
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