Industrial Goods Consulting and Strategy

Companies throughout the industrial goods sector are confronting the need for change by redefining themselves, their offerings, and the way they do business. BCG’s industrial goods consulting teams have proven expertise in helping clients adapt, compete, and win.

For industrial goods companies, business as usual isn’t an option. Regardless of their specific industrial sector—chemicals, construction, machinery, and the like—these companies must think beyond their traditional business and operating models to choose where and how to create value in the future.

In a period of immense change and uncertainty, BCG helps industrial goods sector clients prepare for the future.

Our Industrial Goods Sector Services

Agribusiness Industry

Building Materials

Chemicals

Forest Products, Paper, and Packaging

Machinery and Industrial Automation

Metals and Mining Industry

How BCG Helps Industrial Goods Companies

We help clients:

Become more resilient. To thrive in uncertain times, companies must mitigate future shocks to their revenue and supply chain to maintain operations and respond to shifts in demand.

Support digital transformation. When companies undertake a digital transformation, they’re well on their way to building for the future: combining technology with the flexibility, adaptability, and comprehensive experience of humans.

Transform end-to-end costs. Companies must continuously improve their operations and manage costs to compensate for drops in revenue, preserve cash, and weather fluctuations in the economy and the business.

Embrace sustainability. Companies committed to such imperatives as CO2 emission reduction and decarbonized operations today will set themselves up for success in the future.

Unlocking Value with Industrial Software as a Service

Embracing the SaaS Shift: Navigating Growth in Industrial Innovation

The adoption of integrated, software-enabled business models holds significant growth potential—worth billions of dollars—for today’s manufacturers and other industrial players. By leveraging data from connected products and machinery—combining hardware, software, and services—industrial companies can create subscription-based offerings that unlock new customer value and generate recurring revenue. BCG partners with clients to design and launch software-as-a-service business models that improve productivity, reduce costs, and drive endless opportunities for growth through subscription-based offerings.

Our Client Success in Industrial Goods

How Penske Is Driving a New Data-Centric Mobility Solution

When the mobility experts at Penske began building a new AI platform for their B2B customers, they partnered with BCG. Sherry Sanger, Penske’s EVP of Strategy and Marketing, explains how the company combines their data and expertise with evolving technology.

Collaborating for a Net Zero Future in Chemicals

Learn how the Global Impact Coalition (GIC) is helping to reduce emissions and advance circularity in the hard-to-abate chemical sector.

At JSW Steel, Sustainability Is Creating a Powerful Cost Advantage

So much so that the climate action leader has furthered its sustainability mandate by launching large-scale decarbonization and operational pilots that will be implemented across sites.

How Solutions as a Service is Reinventing John Deere’s Vision for the Future

BCG's expert Jonathan Van Wyck and John Deere’s Matt Percy discuss how solutions as a service is revolutionizing agriculture.

Meet Our Industrial Goods Consulting Leaders

Meet more experts contact the team

Learn More About Industrial Goods

Video

Turning GenAI Concepts into Scalable Success

BMW has launched a major transformation initiative, leveraging GenAI to streamline procurement tasks, rethink processes, and improve supplier interactions. As an extension of our existing partnership around AI, BCG and BMW are now partnering with AWS, BCG X, and BCG Platinion to ensure a secure, scalable integration of GenAI.

Article

Playing to Win in the Industrial Software as a Service Revolution

To succeed in the future, manufacturers must learn to deliver industrial solutions as digital services. This playbook describes the first steps involved in executing this complex strategy.

Article

A New Approach to Cost—and Growth—in Process Industries

Costs are threatening the ability of process companies to take advantage of both organic and inorganic growth opportunities because of expanding financial constraints.

Aerospace and Defense

Automotive Industry

Consumer Products Industry

Within Consumer Products Industry

Education

Within Education

Energy

Within Energy

Financial Institutions

Within Financial Institutions

Health Care Industry

Within Health Care Industry