THE BEST STRATEGY FOR RAPID INNOVATION
TECHNOLOGY
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“ At the top of emerging trends as a result of COVID-19 are safety and security , although these are typical core priorities for manufacturers , they are obviously even more critical in any crisis or disruption ”
— Tara Merry , Industry and Solution Strategy Director , Infor result of COVID-19 are safety and security . Although these are typical core priorities for manufacturers , they are obviously even more critical in any crisis or disruption . So now , more than ever , reducing risk while maintaining safety and as much efficiency as possible is key for survival . In light of any black swan type event , the main challenges are around trying to remain productive with constrained resources and a resilient supply chain to weather the storm .”
THE BEST STRATEGY FOR RAPID INNOVATION
For manufacturers looking to rapidly innovate , Merry details the best strategy to drive results . “ Rapid innovation is such an interesting topic for me ,” she explains . “ Whether you ’ re a manufacturer of consumer products , part systems or supplies for other manufacturers , there ’ s always a significant need for speed and innovation .
“ A rapid innovation strategy involves having a strong cross functional team , pilot programs , well-defined goals , and corporate buy-in to be successful . There are several components that build on a strategy in this area , but at the heart of it lies a flexible yet trusted supply chain . So , when a new product introduction is
JUNE 2020