Abstract
AbstractGlobal competition, shorter product cycles, individualized products, and faster technology innovation lead to more complex production systems. For the product life cycle, forecast of product demand, resource availability, and technology chances becomes a mission impossible. Applying a modularization strategy, future production systems are designed as no‐regret‐solutions that add risk minimization to profit maximization. Additive manufacturing and the Internet of Things will significantly improve economics of modular designs for the chemical‐pharmaceutical Industry.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
