A case-practice-theory-based method of implementing energy management in a manufacturing factory

Ma, Shuaiyin; Zhang, Yingfeng; Ren, Shengnan; Yang, Haidong; Zhu, Zhenfei

doi:10.1080/0951192x.2020.1757154

Cited by 19 publications

(3 citation statements)

References 56 publications

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“…Next, Big Data and Analytics facilitate extraction of insights concerning the status of production equipment and enable predictive maintenance, thus minimizing downtimes and enhancing productivity (Horv ath and Szab o, 2019). Similarly, analysis of production data gives firms the possibility of optimizing energy consumptions, with positive repercussions on unit production costs (Ma et al, 2021). Labor costs can be reduced via advanced automation in the form of collaborative robots (Duman and Akdemir, 2021).…”

Section: Model Development 31 Sm Adoption and Opmentioning

confidence: 99%

Investigating the impact of smart manufacturing on firms' operational and financial performance

Arcidiacono,

Schupp

2024

JMTM

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PurposeSmart manufacturing (SM) lies at the core of Industry 4.0. Uniform adoption of SM across business partners is crucial to exploit its value creation potential. However, firms' willingness to invest in SM is limited by insufficient or inconclusive evidence on its performance-related benefits. To close this gap, this paper develops and tests a model linking SM adoption to firms' financial performance. Improvements along the four dimensions of operational performance (i.e. cost quality, delivery and flexibility) mediate this relation.Design/methodology/approachThis study follows an empirical research approach. In particular, survey data from 234 automotive component suppliers are analyzed via covariance-based structural equation modeling to explore the link between SM adoption and operational performance. Survey data are then matched with secondary data from balance sheets of 81 firms to investigate the impact of SM on financial performance via partial least square structural equation modeling.FindingsFindings highlight that adoption of SM results in improvements in cost, quality, delivery performance, thus suggesting that SM is a mean to overcome performance trade-offs. Improvements in operational performance enabled by SM do not give rise to superior financial performance, thus implying that SM might support firms in maintaining the competitive position in the market, but could be insufficient to generate higher margin.Originality/valueResults have implications for SM research and for manufacturing executives engaged in the adoption of SM, as they provide a detailed analysis of the impact of SM on operational performance and clarify the effect that SM adoption has on financial performance.

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Section: Model Development 31 Sm Adoption and Opmentioning

confidence: 99%

Investigating the impact of smart manufacturing on firms' operational and financial performance

Arcidiacono,

Schupp

2024

JMTM

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“…On the same page Tucker et al (2018) stated that all IoT products can bring unlimited benefits and it is still a technology at the beginning of the road, the future being boundless, connecting a smart map and the GPS system car trips are transformed into safer and less stressful trips, being able to connect from anywhere to a public transport system or order a taxi. The very rapid development of IoT technology provides an opportunity for innovation and reinvention even in the energy management sector in any energy consuming or producing sector to adapt to the new sustainable and smart times (Ma et al, 2021).…”

Section: Internet Of Things (Iot)mentioning

confidence: 99%

Exploring Enterprise Resource Planning (ERP) Development: Challenges, Opportunities and How Can Help Companies Navigate Turbulent Contemporary Times

Chirvase,

Zamfir

2023

Proceedings of the International Conference on Business Excellence

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The author has carried out a research paper on how ERP systems have evolved, presenting their main characteristics, and conducting a debate between the benefits and challenges but also the opportunities of implementing such a system. Certainly, ERP systems have reached an absolute level of importance over time, being able to be compared with the backbone of the organizations where they are implemented. Research of the available specialized literature was carried out to find gaps in relation to the challenges and opportunities of implementing the three technologies Enterprise Resource Planning, Internet of Things and Artificial Intelligence in a single global system. After the study, it was concluded that by implementing a global system that integrates Enterprise Resource Planning, Internet of Things and Artificial Intelligence but also interconnects all the companies of the same supply flow, organizations can reach the highest level in terms of efficiency, forecast and monitoring but also perfect flexibility by adding Robotic Process Automation to the system. The results of this study complement specialized literature and make an important contribution to the field of study.

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“…The focus is on combining existing energy technologies with new information and communication technologies as the Fourth Industrial Revolution approaches [30].Manufacturing industries can only be achieved by combining the physical manufacturing world and digital world, to realize a series of smart manufacturing activities, such as active perception, real-time interaction, automatic processing, intelligent control, and real-time optimization, etc. [31].With the rapid development of the Internet of Things, Cyber-Physical Systems, and Big Data, sustainable smart manufacturing provides a new strategy for energy management by applying advanced information technologies [32].The emergence of the Internet of Things (IoT) as the new paradigm of Information and Communication Technology (ICT) and rapid changes in technology and urban needs urge cities around the world to formulating smart city policies [33].The Internet of things enhanced the effectiveness of response operations in terms of resource accountability, specialized actions, situation assessment, resource allocation, and multi-organization coordination [34]. The Internet of things can be used to collect more and more data, these data can be used by decision-makers to obtain the necessary information of ATI Mely Fashion [35].…”

Section: Literature Reviewmentioning

confidence: 99%

Research on the status of e-commerce development based on big data and Internet technology

Pan,

Liu,

Pan

2021

IJECS

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Cross-border cooperation in big data, Internet technology, and e-commerce plays an important role in guiding the people-oriented development of technology applications. In order to provide the latest research fronts of e-commerce development in the new era, this study used the VOSviewer to systematically review the development status of ecommerce supported by big data and Internet technology on the basis of mapping 265 kinds of literature retrieved from The Web of Science database from 1989 to 2020. This paper produces a concise research cluster map based on the co-occurrence network of key phrase data. The clusters cover keyword overview, major countries, organizations, toplevel sources, co-citation networks, and bibliographical coupling networks. The analysis of the key phrases map shows that there is still a big gap in the research of e-commerce.With the progress and popularization of the Internet, the public has become more and more interested in electronic transactions, and e-commerce has become more popular.The research on country and organization cluster shows that, with China, the United States, and the United Kingdom as the typical examples, countries with dominant data resources have a greater influence on the organization cluster and source cluster, and are more closely related to each other. To source coupled-cluster analysis and bibliography from a total of two aspects has carried on the more in-depth research, studies have shown that e-commerce topics focused on production and economic research subject, "international journal of production research", "the mis quarterly" and "sustainability Basel " are thought to be the highest rate in publications, in e-commerce and the network technology research field, the "sustainability" is the dominant top journals. At the same time, publications with high co-citation rates have a high degree of bibliographic coupling.

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A case-practice-theory-based method of implementing energy management in a manufacturing factory

Cited by 19 publications

References 56 publications

Investigating the impact of smart manufacturing on firms' operational and financial performance

Investigating the impact of smart manufacturing on firms' operational and financial performance

Exploring Enterprise Resource Planning (ERP) Development: Challenges, Opportunities and How Can Help Companies Navigate Turbulent Contemporary Times

Research on the status of e-commerce development based on big data and Internet technology

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