As the competitive landscape intensifies and Government restrictions on pricing and reimbursement becomes increasingly more restrictive, more and more pharmaceutical, generic, biotech and medical product companies are trying to maximise profits through operational improvements.
In the past, margin management in the consumer goods industry was tantamount to capturing raw materials price declines and introducing ever more profitable products. However, increasing competitive intensity, price pressure and hybrid consumption have put an end to this era.
The automotive industry’s most pressing challenges today are caused by technology trends that are disrupting the market: advances in mobility, autonomous driving, electrification and connectivity. Automotive OEMs need to make strategic moves now to shape the industry’s evolution.