This provides insight as to how a business owner can better predict the market and demand for their product, so that they can more efficiently plan product changes or shipment times. The insights also give a general overview to the world of operations in a business, such as innovative companies and instructions for adapting research and development to the modern age. This topic focuses more on manufacturing in businesses rather than service industries.
Applicability to Business
- Includes snippets on how to improve manufacturing processes
- Focuses on running factories
Learning Outcomes
- Be able to improve forecasting for the business
- Update research and development procedures in manufacturing
https://www.bcg.com/expertise/capabilities/operations/insights.aspx
