A differentiated approach for justification of advanced manufacturing technologies

Clicks: 213
ID: 115668
2016
Article Quality & Performance Metrics
Overall Quality Improving Quality
0.0 /100
Combines engagement data with AI-assessed academic quality
AI Quality Assessment
Not analyzed
Abstract
European companies rely on advanced manufacturing technologies (AMTs) in order to succeed in an environment of high labour costs, increasing competition and rising customer expectations. AMT implementation is often a high-risk investment. Many companies experience a misalignment between the installed functionality and production needs. There is a need for decision support in order to take into account all possible advantages and disadvantages of the technology implementation, and ensure that the technology meets the requirements of the production processes. In this article, a differentiated technology justification approach is introduced. The approach suggests a combination of strategic, financial and risk justification methods. The recommended number and type of methods depend on the integration level of the technical system under consideration, ranging from stand-alone machines to large and integrated production systems. The approach was developed based on a literature review and a case study. The application of the approach was presented in a case where several types of pipe bending technology were evaluated.
Reference Key
iakymenko2016advancesa Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Natalia Iakymenko;Erlend Alfnes;Maria Kollberg Thomassen;Natalia Iakymenko;Erlend Alfnes;Maria Kollberg Thomassen;
Journal advances in manufacturing
Year 2016
DOI doi:10.1007/s40436-016-0150-9
URL
Keywords

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

No comments yet. Be the first to comment on this article.