Abstract
As Tee Bin Ong, Bossard’s vice president of sales and marketing, headed to the strategy meeting with Bossard’s management team and board, his expectations were high, and he was excited about the prospects. He had invested a substantial amount of time preparing for the meeting on “Smart Factory Logistics,” where the evolution of Bossard’s strategy around the “smart factory” and its implementation would be discussed. One of the key strategic questions was whether Smart Factory Logistics would be the trigger for Bossard’s digital transformation or an important differentiator for Bossard’s value proposition. The newly created website ► www.SmartFactoryLogistics.com would point in this direction. A third option was pointing in a very different growth direction, i.e., using the technology that was established by a fastener distributor to enter completely new markets with no connection to the fastener industry, e.g., hospitals.
EMBA Candidates Celine Relecom, Mikhail Efimov, and Maria Kokontseva prepared this case under the supervision of Professor Stefan Michel as a basis for class discussion rather than to illustrate either effective or ineffective handling of a business situation. Copyright © 2017 by IMD—International Institute for Management Development, Lausanne, Switzerland (► www.imd.org). No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means without the prior written permission of IMD.
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Notes
- 1.
“Report: Industrial Fastener Market Tops $81b by 2018” 7 GlobalFastenerNews.com, 15 November 2012 7 www.globalfastenernews.com/report-industrial-fastener-market-tops-81b-by-2018-global-fastener-news-usa/ (accessed 19 July 2016)
- 2.
7 www.bossard.com/en/how-we-add-value/the-rule-of-15-85.aspx (accessed 10 October 2017)
- 3.
Kanban is a set of manufacturer processes developed in Japan to optimize the flow of goods, reduce or eliminate warehouse inventory, and facilitate just-in-time production.
- 4.
Bossard’s website 7 www.bossard.com/en/smart-factory-logistics/systems/smartbin-intelligent-logistics-system.aspx (accessed 10 October 2017)
- 5.
See the “proven productivity” concept explanation at 7 www.youtube.com/watch?v=vKATZ5Gxx-8&feature=youtu.be
- 6.
“The Internet of Things Is Here.” World Economic Forum, 22 January 2016. 7 www.weforum.org/events/world-economic-forum-annual-meeting-2016/sessions/the-internet-of-things-is-here (accessed 20 March 2016)
- 7.
“The Internet of Things: Mapping the value beyond the hype.” McKinsey Global Institute, June 2015
- 8.
“Industry 4.0: How to navigate digitization of the manufacturing sector” McKinsey & Company, April 2015
- 9.
“Big Data Analytics in Supply Chain: Hype or Here to Stay?” Accenture Global Operations Megatrends Study, 2014
- 10.
“Logistics trends radar.” DHL Customer Solutions and Innovation, 2016
- 11.
“Hospital Procurement Study.” PwC, 2012 7 www.hida.org/App_Themes/Member/docs/Hospital_Procurement.pdf (accessed 4 October 2017)
- 12.
“The Internet of Things: Mapping the value beyond the hype.” McKinsey Global Institute, June 2015
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Jelassi, T., Martínez-López, F.J. (2020). Disruptive Change at Bossard with SmartFactoryLogistics.com?. In: Strategies for e-Business. Classroom Companion: Business. Springer, Cham. https://doi.org/10.1007/978-3-030-48950-2_26
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