DocumentCode :
3658309
Title :
The Strategy of Openness in industrial production
Author :
Tobias Redlich;Stefanie Wulf;Manuel Moritz;Sonja Buxbaum-Conradi;Pascal Krenz;Jens Wulfsberg
Author_Institution :
Helmut-Schmidt-Universitä
fYear :
2015
Firstpage :
302
Lastpage :
309
Abstract :
Flexibility and adaptability of production systems are still some of the most discussed characteristics of production systems within the traditional manufacturing industry. Because of increasing complexity and dynamics within the corporate environment, some approaches to optimize these traditional characteristics are no longer sufficient to achieve competitive advantages. The ongoing paradigm shift from traditional industrial production to a system of value co-creation forces manufacturers to redefine their role and position within a more open value creation process. Companies have to add principles of openness to previous strategic success factors. In future, the competitiveness of a company will rather be determined by the ability to cooperate with different actors in heterogeneous global networks. Moreover, we have to be aware that the traditional factory as the central production facility will be dissolving more and more. A new strategic approach for those companies might be what we call the Strategy of Openness.
Keywords :
"Companies","Production","Complexity theory","Manufacturing","Economics","Uncertainty","Manufacturing industries"
Publisher :
ieee
Conference_Titel :
Management of Engineering and Technology (PICMET), 2015 Portland International Conference on
Type :
conf
DOI :
10.1109/PICMET.2015.7273222
Filename :
7273222
Link To Document :
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