80/20 Principle

ITW Holographics™ has implemented our parent company's, Illinois Tool Works (ITW), 80/20 operating strategy. The underlying principle of 80/20 is straightforward: 80% of business sales are derived from 20% of its product offering sold to key customers. Following this concept has lead to simplification and focus on those aspects of the business that are vital toward servicing our customers. Application of 80/20 streamlines product offerings, supply chain management and business/manufacturing processes. The end result: improved quality, productivity, delivery, innovation and ultimately customer satisfaction.