Question: A s m a n u fa c tu r i n g fir ms s e e k new wa y s to d

A s m a n u fa c tu r i n g fir ms s e e k new wa y s to d ev e lo p th eir s e rvic e fa c tors to r e alis e mo r e v a lu es a nd incr e a s e th eir c o mp e titiv e n es s , s er vitiz a tio n o f
man u fac turing co n tin ues to b e a top ic o f gro win g impo rtanc e a nd in ter est to b o th th e r ese arc h an d pr ac tic e c o mmun ities . For b o th co mmu nitie s, an
over ridin g c halle ng e is to un de rstan d an d man ag e the tr ans for ma tion proc ess es tha t ma nu fac turing co mpa nies must u nd er go to co mpe te thr o ug h se r vices
rather than through products alone (Kowalkowski et al.,2017 Baines et al.,2017).
Co n sid e rin g th e o b s er v a tio n a b ov e and b y sc o p in g th e lite r a tu re o n s er vitiz a tio n , cr itic ally disc us s th e c o nc e p t o f s er vitiz a tio n , th e tr a n s for m a tio n
proc esses tha t man ufac tu rin g fir ms un de rg o to succ ess fully s ervitiz e th eir o pe ra tions . In yo ur d iscussion , in ter alia , high lig h t the tr ans for ma tio n p roc e sses,
includin g the sign ifica n t or ga nis atio na l cha n ge invo lvin g o pe ra ting p roc esses , c ap ab ilities , and p la tfo r ms as well as the main ind ustry 4.0 tech no logies
highlighted in the literature as enablers of servitization.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!