Newsletter 04/2020 – Optimizing your global manufacturing footprint: Take the crisis as an opportunity
Global manufacturing footprint optimization is a topic that comes up again and again. Most machine and plant engineering companies have adjusted their footprint in recent years – but some have seen their progress on this front impeded by very good capacity utilization at their main plants, limited availability of personnel or risk considerations. The current crisis opens up new opportunities, but they’ll need to be grasped fast.
Newsletter 03/2020 – Acquisitions as an opportunity in the crisis: The chance to permanently change market and competitive structures
Like every crisis in machine and plant engineering, the extremely challenging situation we’re currently in will lead to market consolidation – and as always, it will be the companies that successfully seize opportunities through making acquisitions in a more favorable environment that will emerge stronger from the crisis.
For some years now, everyone has been talking about digitalization in machine and plant engineering – words like IIoT, Industry 4.0, digitalization and digital transformation are on everybody’s lips. More or, regrettably, less quickly, companies have transformed their business models, products and services, processes or IT systems. In the current coronavirus crisis, it’s the more digitalized companies that are benefiting at the expense of the less digitalized. The current unprecedented situation is leading rapidly to the “forced digitalization” of processes – and will have a permanently disruptive effect.
With conjoint analysis, plant and machinery manufacturers can examine the benefits of their products for their customers and then go on to develop much more precise specifications in future product development phases. The results of such analyses also allow quantitative forecasts to be made about the market success of the product. This makes profitability calculations for product development projects much more useful and more realistic.
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