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| To create differentiation through innovation, Sigma-Aldrich plans to continue its close collaboration with customers and suppliers to create value that accelerates their success. We leverage our strong tradition of trust, service and leadership to develop innovative solutions that meet changing customer requirements. |
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| The Sigma-Aldrich 2008 strategic review employed team members from around the globe to investigate ways to evaluate and enhance the Company’s current and future position. First row (from left) Daniel Boesch, Sondra Brown, and Kevin Krosley. Second row (from left) Jeff Thurston, Ingo Haag, Tim Klages, Amanda Halford, Dieter Hofner, Susan Riley, Joey Bedell, Edward Weinstein, Gilles Cottier and Omar Vikin. |
Create novel products, services, technologies and business models
Sigma-Aldrich’s success over the years has been driven by our ability to serve researchers, development scientists and manufacturers with more reliability, selection, quality and responsiveness. As science and technology continue to advance at amazing speed, the needs of our customers are also evolving at an unprecedented rate.
Our 2008 strategic review focused on these realities, and we found numerous opportunities where we can enhance our capabilities to meet the future needs of customers. Our innovation effort goes beyond continuing research and development work and focuses toward building new business models.
New businesses mean new products and services. We know that future customers will require products and services that don’t exist today. From our current market leadership position, we can aggregate products that are available and attempt to develop those that aren’t and resolve issues that might be difficult for our customers to resolve. We also have the ability to closely align partners and customers to meet the emerging needs of both.
New businesses also mean new technologies. As Sigma-Aldrich expands its industry-leading website, we continue to provide a platform for unlimited innovation on behalf of the millions of the visitors we serve. sigma-aldrich.com is already one of the most visited science sites on the Internet, with further enhancements providing the potential to make it an increasingly central part of accomplishing scientific goals.
New businesses also mean new business models. We plan to improve on the paradigm of build, stock and ship to fully respond to changes in global economies and research climates. We intend to continue to differentiate our company through leadership and passion to address the issues at hand: concern for environmental impact, growing governmental regulations, and dramatic increases in multi-national collaborations among researchers. Sigma-Aldrich is committed to building the businesses that address our needs for today and for the future.
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