An Industrial Value Chain Approach

This course is officially recognised and labelled by the European Institute of Innovation and Technology (EIT). EIT Label is a quality mark awarded to programmes demonstrating outstanding innovation, educational excellence and societal impact.

In this Learning Path, the Trainee will receive an introduction to Porter’s Value Chain Concept and the influence that Industry 4.0, and its related technologies, has in its implementation and evaluation.The first Nugget is meant to give an understanding of the concept as well as how a basic evaluation is should be done. An example is shown and each component of the Concept is described. The following Nugget focusses in describing communication channels between Value Chain Activities and how these are affected by Industry 4.0 and its associated technologies. It demonstrates why it is important to quickly adopt these technologies while not forgetting the challenges they bring. The final nugget, before the assessment quiz, gives an example of how to organize a business with geographically distant centers of activity with the Value Chain Concept as a center pillar. An assessment nugget is then provided, in addition to the optional quizzes in the previous nuggets, so that the trainee can prove that knowledge has been gained.