Outlook of Operations and Supply Management 5.0

Marc Helmold and Brian Terry
Additional contact information
Marc Helmold: IU International University
Brian Terry: Regents University

Chapter 15 in Operations and Supply Management 4.0, 2021, pp 165-170 from Springer

Abstract: Abstract Manufacturers want flexible operations that allow them to use one production line to make multiple products. However, the benefits of flexibility are hard to capture because time-consuming changeovers are required to prepare machinery to manufacture different products. By implementing lean tools, such as single-minute exchange of dies, manufacturers can remove non-value-adding activities from the changeover, thus significantly accelerating the process. Companies, that implemented lean methods and Operations Management 4.0 will be able to benefit from these technologies (Küpper et al. 2017). New sensors and software make it possible for machines to automatically identify products and load the appropriate program and tools without manual intervention. Because the changeover is automated, operators can focus on performing value-adding activities.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-030-68696-3_15

Ordering information: This item can be ordered from
http://www.springer.com/9783030686963

DOI: 10.1007/978-3-030-68696-3_15

Access Statistics for this chapter

More chapters in Future of Business and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().