Integration of Industry 4.0 Principles into Reverse Logistics Operations for Improved Value Creation: A Case Study of a Mattress Recycling Company

2020 ◽  
pp. 1-26
Author(s):  
Özden Tozanlı ◽  
Elif Kongar
Keyword(s):  
Value Creation ◽  
Reverse Logistics ◽  
Industry 4.0

Value Based Management (VBM) for Logistics Enterprises

2014 ◽  
Vol 693 ◽  
pp. 489-494
Author(s):  
Helena Kościelniak ◽  
Marta Starostka-Patyk
Keyword(s):  
Value Creation ◽  
Reverse Logistics ◽  
Enterprise Value ◽  
Value Based Management ◽  
Logistics Enterprises

Currently, when the market of every industry branch is a highly competitive one, the great need is to gain advantage against competitors. This can be achieved in many different ways. One of them may be appropriate management of enterprise value. This article presents the opportunities offered by Value Based Management (VBM) on the example of Polish companies realizing activities in the field of logistics – accurately reverse logistics and logistics of waste. It also presents the case study of company performing such activities. This article attempts to identify the key determinants of value creation in the logistics companies.

scholarly journals The Role of Industry 4.0 and BPMN in the Arise of Condition-Based and Predictive Maintenance: A Case Study in the Automotive Industry

2021 ◽  
Vol 11 (8) ◽  
pp. 3438
Author(s):  
Jorge Fernandes ◽  
João Reis ◽  
Nuno Melão ◽  
Leonor Teixeira ◽  
Marlene Amorim
Keyword(s):  
Business Process ◽  
Automotive Industry ◽  
Industry 4.0 ◽  
Process Model ◽  
Business Process Management ◽  
Process Management ◽  
Predictive Maintenance ◽  
The Evolution Of Industry

This article addresses the evolution of Industry 4.0 (I4.0) in the automotive industry, exploring its contribution to a shift in the maintenance paradigm. To this end, we firstly present the concepts of predictive maintenance (PdM), condition-based maintenance (CBM), and their applications to increase awareness of why and how these concepts are revolutionizing the automotive industry. Then, we introduce the business process management (BPM) and business process model and notation (BPMN) methodologies, as well as their relationship with maintenance. Finally, we present the case study of the Renault Cacia, which is developing and implementing the concepts mentioned above.

Executives’ Decision Processes at the Front End of Major Projects: The Role of Context and Experience in Value Creation

2020 ◽  
pp. 875697282097722
Author(s):  
Denise Chenger ◽  
Jaana Woiceshyn
Keyword(s):  
Value Creation ◽  
Oil And Gas ◽  
Decision Processes ◽  
Strategic Decision ◽  
Decision Context ◽  
Front End ◽  
Risk Approach ◽  
Multiple Case

The front end of projects is strategically important; yet, how project concepts are identified, evaluated, and selected at the pre-project stage is poorly understood. This article reports on an inductive multiple-case study of how executives made such decisions in major upstream oil and gas projects. The findings show that in such a high-risk context, often an experienced executive makes these decisions alone and he creates value by facilitating growth. We identified three value-creating decision processes that varied by the executives’ risk approach and decision context. These processes depart from the formal project management prescriptions and the strategic decision-making literature.

Industry 4.0 Impact on Evolution of Product Development: The Bicycle Saddle Case Study

2020 ◽  
Author(s):  
Mohsen Memaran ◽  
Cristiana Delprete ◽  
Eugenio Brusa ◽  
Abbas Razavykia ◽  
Paolo Baldissera
Keyword(s):  
Product Development ◽  
Industry 4.0

scholarly journals Design Framework Based on TEC21 Educational Model and Education 4.0 Implemented in a Capstone Project: A Case Study of an Electric Vehicle Suspension System

2021 ◽  
Vol 13 (11) ◽  
pp. 5768
Author(s):  
Hugo A López ◽  
Pedro Ponce ◽  
Arturo Molina ◽  
María Soledad Ramírez-Montoya ◽  
Edgar Lopez-Caudana
Keyword(s):  
Electric Vehicle ◽  
Industry 4.0 ◽  
Engineering Students ◽  
Traditional Education ◽  
Educational Model ◽  
Capstone Project ◽  
Future Challenges ◽  
Vehicle Suspension System ◽  
Competencies Development

Nowadays, engineering students have to improve specific competencies to tackle the challenges of 21st-century-industry, referred to as Industry 4.0. Hence, this article describes the integration and implementation of Education 4.0 strategies with the new educational model of our university to respond to the needs of Industry 4.0 and society. The TEC21 Educational Model implemented at Tecnologico de Monterrey in Mexico aims to develop disciplinary and transversal competencies for creative and strategic problem-solving of present and future challenges. Education 4.0, as opposed to traditional education, seeks to provide solutions to these challenges through innovative pedagogies supported by emerging technologies. This article presents a case study of a Capstone project developed with undergraduate engineering students. The proposed structure integrates the TEC21 model and Education 4.0 through new strategies and laboratories, all linked to industry. The results of a multidisciplinary project focused on an electric vehicle racing team are presented, composed of Education 4.0 elements and competencies development in leadership, innovation, and entrepreneurship. The project was a collaboration between academia and the productive sector. The results verified the students’ success in acquiring the necessary competencies and skills to become technological leaders in today’s modern industry. One of the main contributions shown is a suitable education framework for bringing together the characteristics established by Education 4.0 and achieved by our educational experience based on Education 4.0.

Sign in / Sign up

Export Citation Format

Share Document