Alexander Zipfel , Daniel Herdeg , Philipp Theumer
{"title":"Method for quantifying the value of information for production control in cross-company value-adding networks","authors":"Alexander Zipfel , Daniel Herdeg , Philipp Theumer","doi":"10.1016/j.promfg.2021.07.001","DOIUrl":null,"url":null,"abstract":"<div><p>The advancing digitalisation of production processes increases data availability and enables real-time information sharing between value-adding partners. However, despite the technological feasibility, information relevant for production control to initiate target-oriented countermeasures against disturbances are rarely shared with value-adding partners. To create incentives for companies to exchange information for short-term production control, the respective values of information must be determined. This publication presents a method for quantifying the value of information for production control in cross-company value-adding networks on a monetary basis. The input for the required performance measurement system is derived from a simulation model of the production system. Applying the approach to a simulative scenario validates the method’s functionality and the potential of information sharing to reduce disturbance cost.</p></div>","PeriodicalId":91947,"journal":{"name":"Procedia manufacturing","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.promfg.2021.07.001","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Procedia manufacturing","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2351978921001347","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
The advancing digitalisation of production processes increases data availability and enables real-time information sharing between value-adding partners. However, despite the technological feasibility, information relevant for production control to initiate target-oriented countermeasures against disturbances are rarely shared with value-adding partners. To create incentives for companies to exchange information for short-term production control, the respective values of information must be determined. This publication presents a method for quantifying the value of information for production control in cross-company value-adding networks on a monetary basis. The input for the required performance measurement system is derived from a simulation model of the production system. Applying the approach to a simulative scenario validates the method’s functionality and the potential of information sharing to reduce disturbance cost.