Managing global supply chains, riskier emerging markets’ exposure, dynamic cost structures, and a move from product-driven to “solution driven” value propositions challenge some of the leading manufacturers to maintain growth.
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Operations
Red Chalk Group’s operations practice specializes in helping organizations improve their operational efficiency, effectiveness, and performance. More specifically, we work closely with clients to develop operational strategies aligned with their overall business objectives. This may involve conducting market research, analyzing industry trends, and identifying opportunities for growth and differentiation. We also can assist clients in streamlining their operations by identifying inefficiencies, eliminating waste, and optimizing workflows through process mapping and implementation of best practices.
Other capabilities include analysis and optimization of supply chain networks to improve efficiency, reduce costs, and enhance responsiveness to customer demand, development of key performance indicators (KPIs) to track and evaluate operational performance, conducting benchmarking studies, assessing organizational capabilities, and leverage advanced technology including AI, big data, and analytics to create competitive advantage, improve decision-making, and enhance operational efficiency.
Red Chalk Group’s Operations practice helps organizations drive operational excellence, improve competitiveness, and achieve their strategic objectives through tailored solutions, expert guidance, and hands-on support.
Additional Insights
However, companies in this industry frequently struggle to capitalize on their inventions beyond the immediate application for which they were developed.
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Not only are companies engaged in trying to sell or license their inventions, but they are also being approached by third party entities interested in buying specific patents.
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