Bhushan S. Purohit, V. Manjrekar, Vivek K. Singh, B. K. Lad
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Integrated decision support system for manufacturing value chain
The increasing level of automation in manufacturing calls for a decision support system which simultaneously optimises multiple decisions of a value chain. Current work leverages integrated planning approach for the same and integrates four key functions viz. production, maintenance, quality, and material supply at the parametric level. Such a comprehensive integration of various disjoint functions is not reported in past and thus forms the novelty of current work. Further, a composite performance index called 'overall operations rating (OOR)' is explicated to simultaneously accommodate multiple performance indicators of any manufacturing shop floor. For a specific environment, proposed approach demonstrates a reduction of around 15% in operating cost and improvement of around 12% in OOR as compared to conventional operations planning approaches. Further, the application of the demonstrated approach is extended to a broad range of manufacturing environment which generalises the results.
期刊介绍:
Today"s businesses have become extremely complex. The interplay of the three Cs, viz. consumers, competition and convergence, has thrown up new challenges for organisations all over the world. Sensitivity of economies to the external environment coupled with the turbulent process of globalisation has added the highest degree of uncertainty and unpredictability to business processes. To top it all, the effect of globalisation has shifted the balance of power in favour of the customer, though it may have opened a plethora of opportunities for all, in the form of variety and choice. For a variety of reasons, the pressures of competitive forces have enhanced product changes, supercharged by shortening product and technology development lifecycles.