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The Paradigm of "Product Life-Time Value" Access to Networked Partnerships

 
: Westkämper, E.; Niemann, J.

Parsaei, H.R.:
Design and Manufacturing Automation for the 21st Century. CD-ROM : Refereed Conference Papers 5th International Conference on Engineering Design and Automation, 5-8 August, 2001, Las Vegas, USA
Prospect, Ky., 2001
pp.151-156
International Conference on Engineering Design and Automation (EDA) <5, 2001, Las Vegas/Nev.>
English
Conference Paper
Fraunhofer IPA ()
Produktlebenszeit; Networked Manufacturing; digital factory; Life Cycle Management (LCM); Produktentwicklung

Abstract
Due to global competition, companies are unable to survive just by manufacturing and selling their products. Many of them extend their value-adding chain to areas of design, assembly and service. In this way, suppliers also become involved into the development of products as a result of the application of modern information and communications systems. The control of the system remains in the manufacturer's hands who deals directly with the market. The sector of after-sales enables a long-term relationship to be built up and is increasingly becoming a strategic key position. The strategic objective behind these service models is to optimize total profits over the entire life-span of a product. The maximization of the "life-time value" of a product is becoming a central issue in all operations. The digital control and surveillance of machines will form the basis for mastering these constraints in the digital age.

: http://publica.fraunhofer.de/documents/N-7230.html