Functional Thinking for Value Creation 2011
DOI: 10.1007/978-3-642-19689-8_57
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The Smart Real-Time Factory as a Product Service System

Abstract: In modern manufacturing landscape, companies are increasingly relying on product service systems i.e. bundling of products and services together in order to gain a competitive edge. In this article we present the Smart Real-Time Factory, a smart digital manufacturing environment that can transform the process of production into an informational service for the customers. The different components of the smart factory are discussed at length along with a discussion of the different services that can be offered b… Show more

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Cited by 10 publications
(2 citation statements)
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References 12 publications
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“…The problem seen in the operation section is that, whether the products have been completely built by the production folks or not, they are unknown (Minguez, 2011). The whole process stays invisible to others as there is no real-time information, unless we go down to the production floor itself and check the status ourselves.…”
Section: Manufacturing Processes and Problemsmentioning
confidence: 99%
“…The problem seen in the operation section is that, whether the products have been completely built by the production folks or not, they are unknown (Minguez, 2011). The whole process stays invisible to others as there is no real-time information, unless we go down to the production floor itself and check the status ourselves.…”
Section: Manufacturing Processes and Problemsmentioning
confidence: 99%
“…the technical dimension, which includes cyber-physical system modeling [29], real-time sensing and tracking capabilities [30] and human/machine access and trust management [31];…”
mentioning
confidence: 99%