Today there is no doubt that companies, regardless of their industry, need to embrace digital transformation to remain competitive in a fast changing environment.
The challenges vary depending on the field of activity, but a few global trends are impacting the manufacturers’ business and operating models. Demand is volatile and hard to predict. Product customization and the pressure to reduce the time to market are forever growing. Extensive product mix, increased number of Stock Keeping Units (SKU’s) and reduced lot sizes are stressing globalized supply chains, which have shown low resilience during the Covid-19 pandemic.
Many leaders need a strategy that is represented in their operating model and leverages the application of selected digital technologies that will yield the most benefits and better fit with their companies’ current digital maturity. They also need a comprehensive digital transformation roadmap to guide them during the execution of the strategy.
In this paper, we explain our methodology to elaborate on a digital strategy that is founded in the company’s business strategy, future operating model and current digital maturity.
The methodology consists of three steps:
– Setting the future vision
– Elaborating the operational digital strategy
– Preparing the execution
Digitalization of operations
Three steps to get your strategy right
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