Lean / Procurement Docs
I have been active in the fields of global Operations / Procurement / SCM as well as all the processes thereof for more than three decades by now. Along the way, I have developed not only a certain level of expertise but also true interest in all the challenges involved. Find here some chosen essayes and insight material made available online for you.
My Interests → Value Creation
- Understanding Value Creation -> Value creation is at the core of every successful business. It refers to the process of developing products or services that increase the worth of a company in the eyes of customers and stakeholders. This enhancement can occur through various means, including innovation, customer service and adopting sustainable practices.
- Strategies for Value Creation -> To effectively foster value creation, organizations need a clear strategy that aligns with their goals. This could involve investing in research and development to innovate new products that meet consumer needs. Additionally, enhancing customer experience through superior service can significantly contribute to how customers perceive value.
- Measuring Value Creation -> Measuring the impact of value creation is essential for any organization. Key performance indicators (KPIs) can help businesses understand their success in delivering value. Metrics such as customer satisfaction, loyalty, and revenue growth are vital indicators of value created. By continually assessing these factors, companies can refine their strategies and enhance their value creation process.