"He who moves not forward goes backward" - Goethe
We have all heard this phrase before. But does this quote apply to the industrial environment?
The productivity wheel helps illustrate what should be the guiding principle of every company, whether industrial, commercial or service provider.
The goal is to increase productivity in order to gain market share, and therefore growth. This notion is even truer in the current context of the pandemic, where reduced volumes make it necessary to find solutions to avoid decreases in productivity and to limit financial loss.
Companies that do not move forward are falling behind their competitors, and even failing their own customers, the gap created being thus in danger of becoming too wide to cross.
It is therefore essential to continue working to maintain and improve your competitive industrial tool and to be ready when this crisis is over.