Prof. Dr. Carl B. Welker is Director of the Institute of Industrial Service Management at IUBH International University, Bad Honnef Bonn. The institute is concerned with all facets of manufacturing management issues and service strategies within manufacturing industries. Digitisation and Industry 4.0 have been major research topics for the past 10 years. In addition to his academic profession, Prof. Welker has been working as an international supply chain management consultant for more than 25 years. He studied Business Administration at the universities of Siegen and Cologne and received his Ph.D from WHU Koblenz School of Corporate Management.