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      "text": "Product complexity and proliferation (e.g., too many SKUs)\nRaw material and component costs\nManufacturing overhead and supply chain complexity\nInventory holding costs\nProduct development and R&D costs\nLife cycle management costs\nMarketing and sales expenses\nRegulatory and compliance costs",
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      "text": "#1 Eliminating the \"tail\" through consolidation to eliminate low-volume configurations while retaining volume and revenue\n#2 A design-to-value approach with a customer-centric perspective helps to rebalance value and cost of the product portfolio",
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