Pay-per-part: TRUMPF and Munich Re plan new business model for the manufacturing industry

2020-10-15T07:33:00

”The cooperation with TRUMPF is an outstanding example of how the combination of Munich Re Group’s various offerings – risk solutions, IoT technology and financing – makes it possible to develop innovative business models for the industry. We are convinced that such partnerships represent a forward-looking response to the challenges ...

The TRUMPF Group and Munich Re Group (Munich Re) are entering into a strategic partnership for an innovative service offering of laser cutting machines. The jointly developed “pay-per-part model” enables customers to use a full-service laser machine without having to buy or lease any equipment. Instead, customers pay a previously agreed price for each cut sheet metal part – in other words, they only pay for what they need. This allows customers to make their production processes more flexible and react faster to market changes.

If you are already registered, please sign in here

Register now for unlimited access

For continued access to free content on the website please take a few moments to register, or sign in if you have already registered.

Keep up to date with the latest industry news
Sign up to enewsletters
Create a profile and post comments on stories