Tactical Planning of Modular Production Networks in the Chemical Industry: A Case Study in Specialty Polymers
Tristan Becker (),
Bastian Bruns (),
Stefan Lier () and
Brigitte Werners
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Tristan Becker: Faculty of Management and Economics, Chair of Operations Research and Accounting
Bastian Bruns: Laboratory of Fluid Separations
Stefan Lier: Department of Engineering and Economics
Brigitte Werners: Faculty of Management and Economics, Chair of Operations Research and Accounting
A chapter in Operations Research Proceedings 2018, 2019, pp 407-413 from Springer
Abstract:
Abstract Faced with new challenges, the chemical industry strives for more diversified product portfolios. Product life cycles are becoming shorter and lead to an increased uncertainty in product demands with regard to volume, location and type. To efficiently cope with highly individual demands, modular production concepts are considered. Modular plants can be installed in standard transportation containers and may operate at decentralized facilities in direct proximity to customers or suppliers. New modular plants can be added and existing plants can be relocated in the short-term to adapt to changing demand conditions. For an efficient utilization of the increased flexibility provided by modular plants, tactical planning must incorporate the new flexibility options. In this paper, using real data provided by a large chemical company, the economic benefits of modular production concepts in the specialty polymers market are assessed.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-030-18500-8_50
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DOI: 10.1007/978-3-030-18500-8_50
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