In recent years, there has been a noticeable trend towards a general contractor strategy for plant engineering companies. Multiple disciplines and departments must be administered in a joint project. In the process, different work results are often managed in various systems without any associative relationship. A possible way to address this complexity is to implement a specifically tailored PLM strategy to gain a competitive advantage. Maturity models as well as methods to evaluate possible benefits constitute increasingly applied tools during this journey. Both methods have been theoretically described in previous publications. However, this paper should provide insights in the practical application within machinery industry. Therefore, a medium-sized German plant engineering company serves as an example for determining the scope and value of a multi-national overarching Product Lifecycle Management architecture as the central piece of a future digitalization strategy. The company’s current maturity levels for several digitalization capabilities are evaluated, prioritized and benchmarked against a set of similar companies. This allows to derive suitable target states in terms of maturity levels as well as the technical specification of digitalization use cases. In order to provide profound data for cost justification the resulting benefits are quantified.
The development of a new product can be accelerated by using an approach called crowdsourcing. The engineers compete and try their best to provide the related solution based on the given product requirement submitted in the online crowdsourcing platform. The one who has submitted the best solution get a financial reward. This approach is proven to be three time faster than the conventional one. However, the crowdsourcing process is usually not transparent to a new user. The risk for the execution of a new project for developing a new product is not easy to be calculated [1, 2]. We developed a method InnoCrowd to handle this problem and the new user could use during the planning of a new product development project. This system uses AI concepts to generate a knowledgebase representing histories of successful product development projects. The system uses the knowledge to determine qualitative and quantitative risks of a new project. This paper describes the new method, the InnoCrowd design, and results of a validation experiment based on data from a current crowdsourcing platform. Finally, we compare InnoCrowd to related methods and systems in terms of design and benefits.
In the last decade, both sustainability (Green &
Blue Economies) and business models for sustainability
(BMfS) have increased in importance. Social life cycle
sustainability assessment has not fully achieved goal,
mainly because sustainability‐oriented business is very
complex and dynamic. System Dynamics (SD) is a powerful
methodology and computer simulation modeling technique
for framing, understanding and discussing complex issues
and problems. This paper responds to the urgent need for
a new business model by presenting a concept for dynamic
business modeling for sustainability using system dynamics.
The paper illustrates the key operating principles through
an application from the smartphone industry with help
from STELLA® software for simulation. Simulations
suggest that dynamic business modeling for sustainability
may contribute to sustainable business model research and
practice by introducing a systemic design tool that frames
environmental, social, and economic drivers of value
generation into a dynamic business model causal feedback
structure, therefore overcoming shortcomings of current
business models when applied to complex systems.