The 3 business models of the Supply industry
Common challenges for the supply and production industry
Today's supply industry feature three main types of business models:
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Product companies,
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service companies,
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Hybrid companies
Product companies manufacture and sell physical products. They are usually manufacturing companies, but can also be wholesalers or retailers. The key to success for product companies is efficient production and supply chain management.
Service companies provide consulting, installation, maintenance or other services. The key to success for service companies is the consistent provision of high-quality services.
Hybrid companies are a mixture of product and service companies. They manufacture products but also offer services such as installation. To be successful, hybrid companies must be good at both products and services.