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electronics

Leading the business towards an Industry 4.0 model

Change & Transformation

About the company

The independent and family-owned company in this case study has global market leadership in the B2B distribution of electrical products, solutions and related services. Through its more than 3000 branches worldwide, the group is active in 48 countries. The organization is also a partner in the field of industrial automation and is aiming for further growth through the application of new technology within the Industry 4.0 framework.

Industry: Manufacturing

Project duration: 6 months

 

Challenges

The organization required the implementation of a change strategy. The main goal was to support the production industry on its way to a so-called Industry 4.0 or smart industry model. This was to be done in close collaboration with key stakeholders, including the Flanders Make strategic research centre for the production industry.

 

Solution

The business asked Essensys to assist and execute on the required change and define an overarching strategy and vision for the new industry 4.0 business, taking into account its position within the rest of the organization. Key objectives:

  • Definition of new processes and roles for team members, competence matrix and key positions,
  • Optimization of the entire engineering process, for increased efficiency and quality,
  • Fostering a high-trust culture,
  • Build strategic alliances with other business units and companies within the group,
  • Manage key accounts and take on full P&L responsibility.

 

Results

Using the Lean Manufacturing business strategy, operational activities were reorganized. This, in turn, led to increased productivity and competitiveness. The Essensys Executive Interim Manager created a dashboard with actionable KPIs, which allowed for a weekly follow-up that improved accountability. Together with the team, market segmentation and client analysis exercises were used as a basis to spot opportunities for further growth.
After an initial six-month period, the assignment was extended for further execution and follow-up. This allowed for further building of external partnerships and implementation of the new strategy.

Company info

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Essensys is the Belgian market-leader in providing Executive Interim Management to organizations with improvement and transformation needs.

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