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http://dx.doi.org/10.17703/JCCT.2020.6.4.15

A Study on Strengthening Enterprise Competitiveness by Sevitization  

Moon, Seung Hyeog (Dept. of Mechanical and Metallic Mold Engineering, Gwangju Univ.)
Publication Information
The Journal of the Convergence on Culture Technology / v.6, no.4, 2020 , pp. 15-20 More about this Journal
Abstract
A manufacturing industry has secured its competitiveness through cost reduction, research for new products, development of manufacturing technology traditionally. However, many manufacturers are being required of innovative efforts for business sustainability by emergence of new technology and industry owing to fast technology development and convergence among technologies and industries. Continuous growth can not be expected with the way of simple manufacturing and sales under the 4th industrial revolution era. Separation of service from product is getting more vague in some specific area and a service provider is often offering its own product together. Innovation destroying manufacturing value chain with servitization can only create the new value. Basic concept of servitization, paradigm change and future prospect of manufacturing industries suffering from the 4th industrial revolution will be analyzed in this paper. Also, the strategy, application and methodology for servitization required in the convergence period will be researched.
Keywords
Convergence; Sustainability; Servitization; Value Chain; Business Model;
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