Triathlon Update - Q2 2019
The economic outlook of the first half of 2019 indicates a slowdown of European economic growth. Uncertainties related to Brexit, US-China trade conflict and global demand put higher demands on flexible supply chains and operational efficiency to meet new market conditions. Looking ahead, more emphasis will be put on efficiency improvements and cost reductions as companies adapt to the higher uncertainty of the economic outlook.
In this Update, Triathlon shares three key steps on how cost reduction initiatives should be approached for a successful implementation as well as how companies can get easy access to comprehensive information about raw material prices to aid their decision making.
Further, Triathlon shares some insights from a client in which efficiency improvements amounting to the annual profit were identified in a two-week assignment.
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