Creating a Cost Conscious Culture Across Departments
To meet demanding profitability goals, companies need all teams working across the product development process to operate with a cost-conscious mindset. From product conception to late-stage production, product cost can be optimized, mitigated, and reduced in all stages. In this session, hear from Jody Markopolous (former executive at GE & Baker Hughes) and others on how they worked with other departments to create a cost conscious culture.
3 Key Takeaways:
1. What are ways that Design Engineering, Procurement, and Manufacturing teams can do together to optimize profitability
2. How are different teams measured to improve cost and how do they relate or work against other teams goals
3. How can individual goals be improved when teams are all working together
#digitaltwin #dtc #profitability
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