Today’s global value chains and the end-to-end processes that underpin them, from raw material extraction and processing through to consumer fulfilment and end-of-life disposal, reuse or recycling, have been built on a paradigm of localised production nodes and globalised flows.
But what will happen to the role of production when the Fourth Industrial Revolution and other trends restructure the paradigm on which global value chains have been built? Nigel Pekenc, director – manufacturing centre of excellence at A.T. Kearney, took to the main stage at Manufacturing Leaders’ Summit 2019 to propose a new framework; one…
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