Management of Production Enterprises

Boos, Wolfgang; Schuh, Günther

doi:10.1007/978-3-642-35950-7_6559-4

Cited by 2 publications

(4 citation statements)

References 1 publication

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Section: Business Process Managementmentioning

confidence: 99%

“…Further distinctions can then be made by classifying processes into the main categories of technology management, innovation management, factory planning, production management, logistics management, quality management, purchasing management, service management, and technical sales [25].…”

Section: Business Process Managementmentioning

confidence: 99%

“…In production firms, the term management is used synonymously for business management or corporate management [25]. Boos and Schuh [25] recommend the application of a regulatory framework for production and management. They highlight that "the regulatory framework contains the internal aspects business structure, business development and business processes as well as the stakeholders as an interaction partner with the outside world and the environment as an external factor that affects the enterprise".…”

Section: Business Process Managementmentioning

confidence: 99%

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Life-Cycle Oriented Risk Assessment Using a Monte Carlo Simulation

et al. 2021

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State of the art mechatronic systems are complex assemblies of various parts and sub-systems. In such an interconnected system, even relatively cheap parts can have a major impact on the overall performance due to unexpected failure. Hence, lifecycle management has major implications on the successful modification of existing products. Potential savings due to changes in production and procurement must be compared to the implied risk of products failing in the field due to these changes. This work documents a generic approach for risk assessment based on the distribution of the expected savings and incident costs over the whole lifecycle. To do so, a stochastic model is introduced to quantify the expected savings and costs given a non-risk-free product modification. Using a Monte Carlo simulation, the effects of uncertainty are incorporated into the risk management. The model and simulation are deployed within an industrial use case. The application demonstrates both the appropriateness of the tool and its useability.

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Section: Business Process Managementmentioning

confidence: 99%

Section: Business Process Managementmentioning

confidence: 99%

Section: Business Process Managementmentioning

confidence: 99%

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Life-Cycle Oriented Risk Assessment Using a Monte Carlo Simulation

et al. 2021

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“…Finally, a firm's survival on the long term requires not only the value creation but also value capturing/appropriation [75]. In this context, References [20,[76][77][78][79], and [80] mention four factors that create value for a product, service, or combination of both: Product (what should be produced/offered? ), Process (how should it be produced?…”

Section: Value Domainsmentioning

confidence: 99%

A Comprehensive Framework for the Analysis of Industry 4.0 Value Domains

Martínez-Olvera

Mora-Vargas

2019

Sustainability

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Industry 4.0 aims to ensure the future competitiveness of the manufacturing industry by providing Companies with the ability to react to rapid product changes and disturbances, efficiently and reliably, through re-configurability. In this paper, we explore the value creation process within Industry 4.0, with special emphasis on its relationship with mass customization and the sustainability issue. Based on the identified research gaps and opportunities derived from a literature review of relevant concepts, we propose the development of the Customer-Product-Process-Resource (CPPR) 4.0, a comprehensive framework that puts the value proposition-creation-capture cycle proper of an Industry 4.0 environment, in the context of a manufacturing organization’s customer-product-process-resources views. The usefulness of the proposed framework is exemplified by using it to derive system dynamics model of the mass customization paradigm. A discussion of the managerial implications of the obtained results for both the sustainability and the case of Small-to-Medium Enterprises (SMEs) is offered at the end of the paper.

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Management of Production Enterprises

Cited by 2 publications

References 1 publication

Life-Cycle Oriented Risk Assessment Using a Monte Carlo Simulation

Life-Cycle Oriented Risk Assessment Using a Monte Carlo Simulation

A Comprehensive Framework for the Analysis of Industry 4.0 Value Domains

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