In a world where product portfolios are constantly growing, companies are increasingly falling into the complexity trap: while the introduction of new variants is professionally organized, there is often a lack of systematic phasing out of obsolete products. This results in rising costs and an increasing administrative burden along the entire value chain. To counteract this, a structured approach is needed to identify and reduce complexity costs. In this presentation, you will learn how companies can optimize their variant diversity, gain transparency about the true costs of complexity and take targeted measures to reduce them – for a sustainable increase in profitability. In this presentation you will learn:

• How to identify and visualize hidden costs of variant diversity.
• Which levers can be used specifically to reduce complexity costs.
• How structured portfolio optimization can sustainably manage product programs.
• Which best practices companies are already using successfully to get a grip on complexity.