Production is “the process of the targeted combination of production factors (input) and their transformation into products (products, output)” (Gabler Wirtschaftslexikon). So far, so good – but how do you turn standardized production into agile production? Ultimately, increasing market volatility and growing uncertainty force manufacturing companies to steadily assimilate their own production concepts to changing conditions. Industry 4.0 is intended to represent the fourth industrial revolution: Smart, digitally networked systems ensure automated production. But it’s not just cyber-physical systems which “upgrade” the still largely existing Industry 3.0. AGILE production and new business models Kaufmann (2015, p. 12) shows an initial trend with regard to agile models: The focus with this approach is not exclusively on intelligently communicating machines, but on a fundamental adaptation or even realignment of the (existing) business models. Above all, adapted products and shorter delivery times are taking a step towards agility. The main focus is on…
Agile methods such as Scrum create paradigm shifts in companies and thus revolutionize their own corporate culture. Own beliefs and behaviors, such as “…
In the context of rapid technological change, especially in the field of automation and information technology, as well as the ever increasing networking of…
Almost every German has a bank account. In the meantime, you can “almost” even (almost) delete it, since even homeless people are no longer…
HR (Human Resource) describes the “totality of performance potential (performance reserve) that is made available to a company by its employees” (Gabler Wirtschaftslexikon). The…
Logistics “includes all tasks for the integrated planning, coordination, implementation and control of the flow of goods as well as the goods-related information from…
Why agile marketing? “The basic idea of marketing is the consistent alignment of the entire company to the needs of the market” ( Gabler…
Digitization was undoubtedly one of the trending topics in the past year. Contrary to what the talk of the trend suggests, digitization is anything…
One of the four biggest challenges for HR managers in medium-sized companies is the task of finding and developing talent. Given the much-discussed shortage…