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Published by:
Institute for Management Development (IMD) (2019)
Version:
19.06.2020
Revision date:
24-Jun-2020
Length:
15 pages
Data source:
Field research

Abstract

This is part of a case series. The case is based on a dynamic real-life story. In this case we have examined how Faurecia has used digital tools and technology, both hardware and software, to first modernize its interior division in Abrera (Spain) plant in 2015 which eventually transformed the plant into a profitable unit while before it was losing EUR3 million every year from 2003.

Topics

Operations; Innovation; Digitalization; Strategy; Automotive

Setting

The events covered by this item took place in 2003-2016.

Geographical setting

Country:
Spain

Featured company

Company name:
Faurecia
Employees:
10000+
Turnover:
EUR 20.2 billion
Industry:
Automotive

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