Regardless of size, cost, quality, and efficiency are the key metrics for any organization that has its eyes set on the fast track. Whatever the domain, whether a manufacturing company, financial institution or a service agency, companies are investing their time and resources in their quest to constantly improve. A sound operations management forms the basis of the fundamental strength of a company.
For smaller companies who depend on suppliers for manufacturing, it becomes all the more important to constantly develop new suppliers, who can add value to their products and supply at cost-effective prices.
The design and manufacturing processes cannot be directly outsourced considering the efforts and time spent on developing new products. Amidst the rising digitization and increasing cyber-attacks, safeguarding IT assets (design, patents, etc.) is equally crucial.