Showing 1 - 10 of 57
needs to be explicitly enriched with the currently missing data and interfaces. In practice, this may require acknowledging …
Persistent link: https://www.econbiz.de/10011899961
Purpose: The goal of XPRESS is to establish a breakthrough for the factory of the future with a new flexible production concept based on the generic idea of "specialized intelligent process units" ("Manufactrons") integrated in cross-sectoral learning networks for a customized production. XPRESS...
Persistent link: https://www.econbiz.de/10011899969
Purpose: The technological developments have implied that companies store increasingly more data. However, data quality … maintenance work is often neglected, and poor quality business data constitute a significant cost factor for many companies. This … paper argues that perfect data quality should not be the goal, but instead the data quality should be improved to only a …
Persistent link: https://www.econbiz.de/10011899767
Purpose: Servitization is a rising trend as companies look for new revenue streams. This paper presents a study of customer care business model evolution in the smartphone industry. The paper identifies key changes in the business models during recent years and their implications for companies...
Persistent link: https://www.econbiz.de/10012002374
Purpose: Lean approach is widely recognized today as an effective approach to process management and more specifically to performance improvement of processes. However, there is an ambiguity around this approach, which leads to the failure of several companies to achieve their desired...
Persistent link: https://www.econbiz.de/10012002462
a competency evaluation methodology regarding the SME's use of data for making better-informed decisions. This model … groups the main factors influencing the information-driven DMP and classifies them into five dimensions: data availability …, data quality, data analysis and insights, information use and decision-making. It addresses these dimensions systematically …
Persistent link: https://www.econbiz.de/10012002506
model using input parameters of real-time data based on a normal distribution that is translated into a range of minimum and …
Persistent link: https://www.econbiz.de/10012122359
This paper discusses the nature of sustainability and sustainable development as they relate to operations management. It proposes a typology for sustainable operations management that is based on the life cycle stages of a product and the three dimensions of corporate social responsibility. The...
Persistent link: https://www.econbiz.de/10011898509
A new economic approach to process capability assessment is presented, which differs from the commonly used engineering metrics. The proposed metric consists of two economic capability measures - the expected profit and the variation in profit of the process. This dual economic metric offers a...
Persistent link: https://www.econbiz.de/10011898567
A traditional lean transformation process does not validate the future state before implementation, relying instead on a series of iterations to modify the system until performance is satisfactory. An enhanced lean process that includes future state validation before implementation is presented....
Persistent link: https://www.econbiz.de/10011898588