In the past few years, the function of a manufacturer has drastically changed. With a growing number of businesses in a variety of sectors stepping into the services field, what manufacturers can now offer has transformed.
Servitization is expanding the capacities of manufacturers – image courtesy Depositphotos. The skills, tools and business plans of manufacturers are changing, as models continue to move away from products and toward service-based – or servitized – approaches. Servitization is expanding the capacities of manufacturers to ultimately improve the experience of the…
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