Extending the Decision-Making Capabilities in Remanufacturing Service Contracts by Using Symbiotic Simulation

Remanufacturing is a critical enabler of a resource efficient manufacturing industry that has long been associated with high value products. Over time, the commercial relationship between customers and service providers has been made through the fulfilment of rights and obligations under remanufacturing service contracts. Nonetheless, financial analysis to evaluate the contract terms and conditions are becoming increasingly difficult to conduct due to complex decision problems inherent in remanufacturing systems. In order to achieve better and safer decision-making to shape the business strategies, remanufacturers often employ computer-based simulation tools to assess contractual obligations and customers’ needs. This paper discusses the roles of a symbiotic simulation system (SSS) in supporting decision-making in remanufacturing systems. An industrial case study of power transformer remanufacturing illustrates how SSS can support contract remanufacturers in managing service contracts planning and execution. By linking the simulation model to the physical system, it has been demonstrated that the capabilities of the remanufacturers to make critical decisions throughout the entire service contract period can be extended

High-Tech Service Platform Ecosystem Evolution: A Simulation Analysis using Lotka-Volterra Model

Technical service platform exerts a strong effect on supporting the innovation of the high-tech industry as a critical constituent of the modern service industry, and it can effectively enhance the development potential of technological innovation, but the degree of separation from technical service chain to high-tech industry chain is currently high. To explore how to improve the utilization efficiency of scientific and technological resources and facilitate the sustainable development of the high-tech industry by relying on technical service platform,a high-tech service platform was constructed by using Lotka-Volterra (L-V) model on the basis of ecosystem theory, the evolution path and stability conditions of high-tech service platform were analyzed followed by numerical simulation by Matlab computing. Results show that the development of hightech service platform follows the evolution path of "bilateral platform → core platform → platform ecosystem"; population evolution pattern in high-tech service platform ecosystem is decided by interdependence coefficient between populations; populations inside high-tech service platform ecosystem generate natural selection and synergistic effect and realize ecological balance among populations through evolution. Evolution of high-tech service platform system in this study provides a new theoretical framework for effective fusion and collaboration of science and technology service and industry, which is significant for elevating scientific and technological innovation level and improving technical service system construction

Manufacturing Value Modelling, Flexibility, and Sustainability: from theoretical definition to empirical validation

The aim of this PhD thesis is to investigate the relevance of flexibility and sustainability within the smart manufacturing environment and understand if they could be adopted as emerging competitive dimensions and help firms to take decisions and delivering value

Smart Industry - Better Management

The ebook edition of this title is Open Access and freely available to read online. Smart industry requires better management. As industrial and production systems are future-proofed, becoming smart and interconnected through use of new manufacturing and product technologies, work is advancing on improving product needs, volume, timing, resource efficiency, and cost, optimally using supply chains. Presenting innovative, evidence-based, and cutting-edge case studies, with new conceptualizations and viewpoints on management, Smart Industry, Better Management explores concepts in product systems, use of cyber physical systems, digitization, interconnectivity, and new manufacturing and product technologies. Contributions to this volume highlight the high degree of flexibility in people management, production, including product needs, volume, timing, resource efficiency and cost in being able to finely adjust to customer needs and make full use of supply chains for value creation. Smart Industry, Better Management illustrates how industry can enabled by a more network-centric approach, making use of the value of information and the latest available proven manufacturing techniques

Ready for Tomorrow: Demand-Side Emerging Skills for the 21st Century

As part of the Ready for the Job demand-side skill assessment, the Heldrich Center explored emerging work skills that will affect New Jersey's workforce in the next three to five years. The Heldrich Center identified five specific areas likely to generate new skill demands: biotechnology, security, e-learning, e-commerce, and food/agribusiness. This report explores the study's findings and offers recommendations for improving education and training in New Jersey

Quo vadis industry 4.0? Position, trends, and challenges

Industry 4.0 vision and its mandated digital transformation are radically reshaping the way business is carried out and the way overall industrial processes and collaborations are operating. In this work, the objective is to analyze the current level of adoption of Industry 4.0, via the footprint available in industrial and academic research works. The analysis performed reveals insights on how Industry 4.0 has impacted and is still influencing research and innovation in industrial systems, services, and business approaches. It also reveals pertinent trends on key enabling features, technologies and challenges associated with this 4th industrial revolution, mainly focusing on the pathways for wider industrial adoption of Industry 4.0-compliant technologies and solutions.info:eu-repo/semantics/publishedVersio

Networking Innovation in the European Car Industry : Does the Open Innovation Model Fit?

The automobile industry is has entered an innovation race. Uncertain technological trends, long development cycles, highly capital intensive product development, saturated markets, and environmental and safety regulations have subjected the sector to major transformations. The technological and organizational innovations related to these transformations necessitate research that can enhance our understanding of the characteristics of the new systems and extrapolate the implications for companies as well as for the wider economy. Is the industry ready to change and accelerate the pace of its innovation and adaptability? Have the traditional supply chains transformed into supply networks and regional automobile ecosystems? The study investigates the applicability of the Open Innovation concept to a mature capital-intensive asset-based industry, which is preparing for a radical technological discontinuity - the European automobile industry - through interviewing purposely selected knowledgeable respondents across seven European countries. The findings contribute to the understanding of the OI concept by identifying key obstacles to the wider adoption of the OI model, and signalling the importance of intermediaries and large incumbents for driving network development and OI practices as well as the need of new competencies to be developed by all players.Peer reviewe

Forth Industrial Revolution (4 IR) : digital disruption of cyber-physical systems

Article focus of the disruptive character of technological innovations brought by Fourth Industrial Revolution (4IR), withits unprecedented scale and scope, and exponential speed of incoming innovations, described from the point view of 'unintended consequences' (cross cutting impact of disruptive technologies across many sectors and aspects of human life). With integration of technology innovations emerging in number of fields including advanced robotics, pervasive computing, artificial intelligence, nano-and bio-technologies, additive and smart manufacturing, Forth Industrial Revolution introduce new ways in which technology becomes embedded not only within the society, economy and culture, but also within human body and mind (described by integration of technologies, collectively referred to as cyber-physical systems). At the forefront of digital transformation, based on cyber physical systems, stands Industry 4.0, referring to recent technological advances, where internet and supporting technologies (embedded systems) are serving as framework to integrate physical objects, human actors, intelligent machines, production lines and processes across organizational boundaries to form new kind of intelligent, networked value chain, called smart factory. Article presents broader context of 'disruptive changes (innovations)' accompanying 4IR, that embrace both economical perspective of 'broaderrestructuring' of modern economy and society (described in second part of the article as transition from second to third and forth industrial revolution), and technological perspective of computer and informational science with advances in pervasive computing, algorithms and artificial intelligence (described in third part of article with different stages of web development : web 1.0, web 2.0, web 3.0, web 4.0). What's more important, article presents hardly ever described in literature, psychological and philosophical perspective, more or less subtle reconfiguration made under the influence of these technologies, determining physical (body), psychological (mind) and philosophical aspect of human existence (the very idea of what it means to be the human), fully depicted in the conclusion of the article. The core element (novelty) is the attempt to bring full understanding and acknowledgment of disruptive innovations', that "change not only of the what and the how things are done, but also the who we are", moving beyond economical or technological perspective, to embrace also psychological and philosophical one

Behind the definition of Industry 5.0: A systematic review of technologies, principles, components, and values

This study addresses the emerging concept of Industry 5.0, which aims to tackle societal concerns associated with the ongoing digital industrial transformation. However, there is still a lack of consensus on the definition and scope of Industry 5.0, as well as limited understanding of its technological components, design principles, and intended values. To bridge these knowledge gaps, the study conducts a content-centric review of relevant literature and synthesizes evidence to develop an architectural design for Industry 5.0. The findings reveal that Industry 5.0 represents the future of industrial transformation, offering potential solutions to socio-economic and environmental issues that were inadequately addressed or exacerbated by Industry 4.0. The study provides managers, industrialists, and policymakers with a comprehensive overview of Industry 5.0, including its technological constituents, design principles, and smart components, emphasizing the importance of stakeholder involvement and integration for effective governance of digital industrial transformation within this framework