Finding the sweet spot in product-portfolio management.

It's more urgent than ever to rebalance product portfolios so that complexity creates value rather than destroying it. A simplification program that comprised portfolio optimization, product design, and commercial-network alignment reduced the company's product portfolio by 25 percent while improving gross profit by 3 percent. Rationalizing portfolios through advanced analytics The use of advanced analytics in a portfolio-management context is especially well-suited to quantify technological distinction within the product portfolio - in other words, how a given product's components compare to those in the rest of the portfolio. [Extracted from the article]