Modular product architectures are increasingly used among industrial companies to tackle the tougher competition, accelerating development speed and lowering costs. However, modularization is a complex task with many associated risks and challenges. So, how do you succeed?
The automotive industry is probably the world’s most competitive industry with extreme focus on flexibility, speed to market and cost-efficiency. Scania is a prime example of a company that has managed these challenges successfully and been profitable continuously for over 60 years. So, what has been their key success-factor?
Industry 4.0 is one of the most frequently used industry buzzwords these days. It could mean the digitalization of the company and its processes, but usually focuses on automation and control of the production system. But, how can you prepare your products for Industry 4.0 to succeed with the complex implementation?
Implementing modular product architectures is a challenging and complex initiative. We have gained experience from different assignments and would like to share our view on the most common pitfalls. So, what should you look out for?