COMPLEXITY MANAGEMENT = MONEY IN THE BANK! (SCM.dk, October 2011)

Danish companies are increasingly recognizing the advantages of working with complexity. Some do it reluctantly and reactively. Others work with complexity as part of their continuous search for more competitive advantages. However, both groups of companies are facing four common challenges: 1) to ensure the continuous management of complexity, 2) to reduce or maintain the level of complexity, 3) to ensure that the complexity is creating value, and 4) to ensure buy-in and acceptance from the organization. Ferrosan is a great example of a company that has developed and successfully implemented a solution for managing the complexity stemming from the product portfolio and new product introductions.