Bossard AG Enabling Industry 4 0 Logistics Worldwide Case Solution

1. What are the key elements of Bossard’s business model?

Bossard’s business model is essentially to offer product lines along with product solutions. They also offer application engineering in order to provide better logistical solutions. The primary focus of the organization is to sell value-added components which are to be produced. They accomplish this by purchasing the components of these products in bulk. This ensures that the components purchased are able to be available and utilized for manufacturing later. Usually, Bossard would be able to sell these components to the producers after quality control. However, the business is able to offer products along with reduced costs for keeping the raw material (i.e., components). Furthermore, the organization also has the capacity to offer real-time information through its logistics capabilities. This is assisted by their technology adaption. And they are able to analyze the needs in their supply chain as well. In lieu of that, the trust of their customers, high standards and technology are the key elements of Bossard's business model. They are operating on the idea of maintaining a close relationship with their customers and that the customers' success means Bossard's own success as well. Furthermore, the organization also maintains the quality of products they give their customers. In addition to products, they provide extra support in terms of consulting. Their technological adaption is relatively strong as well. They have become technologically advanced with their services provided to their customers. These include data analytics. Their “Smart Bins” and “Smart Factory” approaches make them uniquely positioned to help their customers with their supply chain. It is important to point out that their customers and clients are the key features of their business model. All their approaches and strategies are customer focused. It takes an individual approach to each of its buyers to determine their particular needs. Their adaption to technology allows and enables them to do this very successfully. 

2. For a manufacturing business, what are the key benefits and drawbacks of adopting the Bossard logistics system?

There are several benefits and drawbacks for a manufacturing business adopting the Bossard logistics system. Firstly, the Bossard logistics system aims to optimize its logistics such that manufacturing productivity is increased. Real-time data analytics with algorithms that optimize the ordering and parts flow processing is a key benefit for manufacturing businesses. This system would directly impact and enhance their productivity. Therefore, allowing them to produce more in less time garner greater profits and lower costs as well. In turn, increasing revenues for themselves.