To secure a sustainable and profitable business the product portfolio needs to be flexible, cost-effective and able to respond on market trends, but unfortunately, a lot of companies struggle with high internal complexity, high overall cost and long lead-time.
Complexity management is about handling a growing product portfolio and the underlying organization in order to create a productive and profitable business.
First of all, to manage a growing complexity, it is necessary to get the big picture of the product portfolio by a comprehensive complexity analysis. After identifying hidden and non-value adding areas of the product portfolio, a complexity reduction can be executed in order to bring the complex product portfolio back on track.
Finally, it is possible to design and integrate a platform design, that supports the company in future development of their portfolio, to secure a flexible and profitable setup.