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Manufacturing

manufacturing

Value-added is the keyword that means the most to manufacturers who try to make the best use of their technical or engineering capabilities, organizational efficiencies, and commercial strategies.

Hard as they try, many fail at capturing and monetizing value. This is born out of two obstacles: Firstly, they don’t differentiate their products from those of the competition. Secondly, they offer little to no incentive to persuade buyers to pay price premiums.

How We Create Value in Manufacturing

  1. Audit product design, quality, and functionality
  2. Forecast demand planning to benefit from economies of scale and scope
  3. Evaluate production runs and lot sizes
  4. Review production scheduling and setup, and operations management
  5. Measure costs of raw materials, work-in-progress and finished products
  6. Review the costs of carrying inventories
  7. Measure manufacturing and non-manufacturing overheads
  8. Set ambitious benchmarks and install performance controls in place.

Explore The Benefits

When you hire The Seven Wise Men to optimize your value creation process you can expect benefits like:

  • A more efficient supply chain
  • Higher product quality
  • Production at near or full capacity
  • Superior customer insights and engagement
  • Productive processes and structures
  • Less needs for short-term financing and working capital
  • Lower costs of capital
  • Differentiate products and services and bridge the gaps with target markets

Explore Our Services

The Seven Wise Men
Business Strategy Consulting
Distinctive, innovative and informed core business solutions.

The Seven Wise Men
Marketing oursourcing
Outsource your marketing planning and management activities to us

The Seven Wise Men
Interim Management
Get instant access to wide-ranging skills and connections.

Case Studies

Read about some of our work in the manufacturing sector.