Investigating current smart production innovations in the machine building industry on sustainability aspects

M.W. Waibel, G.A. Oosthuizen, D.W. du Toit
2018 Procedia Manufacturing  
Under the concept of "Industry 4.0", production processes will be pushed to be increasingly interconnected, information based on a real time basis and, necessarily, much more efficient. In this context, capacity optimization goes beyond the traditional aim of capacity maximization, contributing also for organization's profitability and value. Indeed, lean management and continuous improvement approaches suggest capacity optimization instead of maximization. The study of capacity optimization
more » ... costing models is an important research topic that deserves contributions from both the practical and theoretical perspectives. This paper presents and discusses a mathematical model for capacity management based on different costing models (ABC and TDABC). A generic model has been developed and it was used to analyze idle capacity and to design strategies towards the maximization of organization's value. The trade-off capacity maximization vs operational efficiency is highlighted and it is shown that capacity optimization might hide operational inefficiency. Procedia Manufacturing 21 (2018) 774-781 2351-9789 Abstract Driven by the rising demand for individualized high-tech products the machine building industry continuously introduces a wide variety of smart innovations. Manufacturing companies face growing production requirements which can only be only handled by intelligent systems. During the last decades the trend in manufacturing has shifted from the classic mass production to complex individualized products which have to be produced to compete with the costs of mass products. Smart Production Systems are characterized by its flexibility, resource efficiency, ergonomic design and the ability to integrate customer and business partner into the value creation process. This research study investigates current smart production innovations and trends in the machine building industry. The sustainability aspects and the potential of various smart innovations are outlined. Abstract Driven by the rising demand for individualized high-tech products the machine building industry continuously introduces a wide variety of smart innovations. Manufacturing companies face growing production requirements which can only be only handled by intelligent systems. During the last decades the trend in manufacturing has shifted from the classic mass production to complex individualized products which have to be produced to compete with the costs of mass products. Smart Production Systems are characterized by its flexibility, resource efficiency, ergonomic design and the ability to integrate customer and business partner into the value creation process. This research study investigates current smart production innovations and trends in the machine building industry. The sustainability aspects and the potential of various smart innovations are outlined.
doi:10.1016/j.promfg.2018.02.183 fatcat:fkglhem575fqbbfl75ek56yey4