Define What Is Value | Operational Excellence Quick Hits

Quick Hits share weekly tips and techniques on topics related to Operational Excellence. This week’s theme relates to defining what is value. We hope you enjoy the information presented!

Price has nothing to do with your costs; customers don't care about your costs. Price has everything to do with the level of needs that you're satisfying for the customer.
"In order to significantly increase sales we have to increase the perception of value of the market for our products." - Eliyahu M. Goldratt