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Terms for subject Alternative dispute resolution containing modernization | all forms | exact matches only
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modernization on a wide scale upgrade in a specific segmentмодернизация производства (Modernization vs. Upgrade: Which One is Best for You? machinedesign.com›…modernization…upgrade-which…you The difference between modernization and upgrade boils down to scale and investment. When one upgrades a part of their industrial process, they are upgrading a specific machine or production line. This is to address an outdated technology or a particular piece of equipment that isn’t working as optimally as it should. This is a smaller investment that provides a quick turnaround. It is a one-for-one replacement process for aging parts. Modernization is the overhaul of an entire production process. This involves several pieces of equipment being upgraded, not just one piece. Moonranger)