Design to Value: The integrated approach to product and service development that maximizes customer value and profit

2022 will be etched in memory as the year when inflation rates around the world soared. Although through 2023 and into 2024, these rates generally declined, companies still find themselves in a perfect storm of economic challenges that jeopardize their profitability.

Supply chains remaining strained due to factors such as geopolitical conflict, high interest rates making borrowing expensive, and energy prices remaining relatively high, have created an extremely challenging environment. This is without mentioning the further hurdles companies face to rightly satisfy tightening ESG regulations globally.