Towards an Optimised Value Creation Network for Modular Investment Goods

Abstract

AbstractCompanies are under increasing pressure from global competition while at the same they need to offer flexible products to meet individual customer requirements. Therefore, modularised capital goods are designed and manufactured to meet both challenges. This paper presents an approach to identify necessary changes in the production process and summarises the changes in the automotive and aerospace industries due to modularisation. Three key findings are identified: increased outsourcing potential, production in a value creation network with specialised manufacturers and joint investments.