Abstract
Uncoordinated decisions in production networks lead to inefficient structures that endanger a company’s competitiveness. To stay competitive in the future, manufacturing companies must focus their production and migrate their production network into agile structures. This paper presents a methodology for migration planning of production networks. First, strategic priorities and capabilities for the production network are formulated. To develop these priorities and capabilities, production resources are identified and combined to desired network configurations. Second, these configurations are transferred into a stochastic- dynamic optimization model to identify a cost-optimal migration strategy. The approach has been validated in the automation industry.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: CIRP Journal of Manufacturing Science and Technology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
