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Study "Managing Risks - Using Opportunities"
The global struggle for market shares in the large industrial plant manufacturing sector has moved into a new phase. Ambitious competition from East Asia has already managed to rack up several successes and hopes to further improve. In what direction should the - still leading - German and European large industrial plant manufacturers head in the future? We asked 160 leading German and European large industrial plant manufacturers for their answers to these and other questions.
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Quality and Process Management
Internal quality and process management as well as supervision of vendors (expediting) are standard quality management tools in the industrial plant manufacturing sector. These management techniques have already reached a high level of maturity.
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Industry 4.0 will change how engineering work is done
A main component in the implementation of Industry 4.0 in plant manufacturing is the plant’s virtual representation. Engineering lays the foundations for this digital lifecycle, which extends far beyond the planning and building of the plant. Therefore, working practices are expected to undergo far-reaching changes.
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