Manufacturing Industry Shaken up by Servitization
Is Manufacturing Ready for the Future
For years now, manufacturing products have had to be brought to market faster, cheaper, and more efficiently. More and more players in manufacturing are opting for a different approach and are starting to sell services instead of products.
Servitization Instead of Competing on Price
The added value of production activities is decreasing globally. This is because competitors are copying products faster than ever before. As a result, productions processes and products become less distinctive. Increasingly, price is the decisive factor for purchasing. Many manufacturers no longer wish to compete and instead add value to their products in a different way.
Trends in Industrial Manufacturing
This white paper sets out the main trends in manufacturing. Three main trends are:
- Servitization, what is it?
- How does servitization affect the supply chain?
- New sales models demand closer cooperation
Learn the other important trends that are currently changing the manufacturing industry in this white paper, in which all trends are extensiviley described.
Use Existing Knowledge
Sitting idle is no longer an option for companies in manufacturing. Survival becomes increasingly difficult if they fail to use new technological tools or data from the chain. How can companies make sure they don’t become the new Kodak? By mapping out a strategy that integrates the entire operating process and by embracing new trends and technology. Take the first step and download the white paper now.