Modular Systems are not limited to product-focused industries such as cars, home appliances, or telecom. Modularity encompass es the whole business Products, Operating Models, and Infrastructure.Ī Modular System enables the configuration of many products with a limited number of module variants. Masters of the art of modularization acknowledge that it is much more than just a modular product. It can be leveraged across all industries, pushing the boundaries of what can be achieved with product platforms and shared components. Working with a Modular System is a mindset. Modularization is a tool to subdivide the product in a logical way that provides both economies of scale and the ability to create different configurations for increased value for customers. The Modularity of a product is a measurement of how configurable it is, meaning how many combinations you can build with a given number of building blocks. How can companies employ the features of agility and customization to gain a competitive advantage? How can they leverage econom ies of scale and reduce the cost of complexity without impeding innovation? And lastly, h ow can they provide customers with the seemingly opposing benefits of both customization and industrialization? The speed of innovation is increasing, driven by digitalization and the fight for sustainability, w hile c ommoditization and globalization are pushing down prices faster than ever before. S ince the I ndustrial R evolution, individuals have come to expect increasingly customized products.
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