What is Advance Servitization: Output as a Service?
11 January 2024
This article will discuss:
- Significance of Output as a Service and Servitization of Machines in the Manufacturing Industry
- Technological Support for Implementing Output-as-a-Service Strategies
- Roles and Responsibilities of Stakeholders in Output as a Service
- Advantages of Leveraging Servitized Machines
Fostering growth stands as a paramount duty for stakeholders overseeing a manufacturing enterprise. The adoption of lean manufacturing practices, exemplified by the codification of processes like Kanban into standardized procedures, successfully minimized waste and boosted productivity. Despite the initial successes, the global expansion in the industry plateaued in the decade leading up to the present. This stagnation is precisely what Industrie 4.0 and the implementation of machine servitization within facilities aim to address and rectify.
