By Barrett Thompson, Zilliant Business Solutions
The manufacturing plant floor has been automated and optimized for years; yet revenue and profit growth remain stagnant.
Seemingly everything has been process-improved with lean manufacturing principles; however, the cost of doing business remains high and the C-Suite continues its demands for an increase in revenue per transaction and gross margins.
Two functions at manufacturing organizations are prime for process improvement:
- selling; and
- pricing.
A closer look at the selling function reveals that despite reducing labor costs via transformational automation solutions, sales teams still manage large, antiquated portfolios. They are expected to increase their book of business while retaining current customers. [Read more…] about AI driving actionable sales intelligence in manufacturing
