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Defining 'benefit' when making production investments - an inquiry of current standards
Swerea IVF, Sweden.ORCID iD: 0000-0002-9550-7220
Mälardalen University, School of Innovation, Design and Engineering, Innovation and Product Realisation.ORCID iD: 0000-0002-6062-2173
Mälardalen University, School of Innovation, Design and Engineering, Innovation and Product Realisation.ORCID iD: 0000-0001-7935-8811
Mälardalen University, School of Innovation, Design and Engineering, Innovation and Product Realisation.ORCID iD: 0000-0002-0815-8879
2014 (English)In: Swedish Production Symposium 2014 SPS 2014, Göteborg, Sweden, 2014Conference paper, Published paper (Refereed)
Abstract [en]

Investments in production equipment are made to generate desired production benefit. This work examines how benefit generally is defined and to what extent the benefit is well defined when equipment investments are made. The study revealed that benefit from investments often is unclearly or inconsistently defined, with a narrow system view and often has a weak correlation with benefit for a production system with broader boundaries. This could hamper the possibility to capitalize on industrial trends that indicate a shift in focus, from products, to the benefit utilization of the products can deliver.

Place, publisher, year, edition, pages
Göteborg, Sweden, 2014.
Keyword [en]
Production development, benefit, value, S-D logic
National Category
Other Engineering and Technologies
Identifiers
URN: urn:nbn:se:mdh:diva-27164OAI: oai:DiVA.org:mdh-27164DiVA: diva2:774133
Conference
Swedish Production Symposium 2014 SPS 2014, 16-18 Sep 2014, Göteborg, Sweden
Projects
XPRESLEAD - Lean Automation Development
Available from: 2014-12-22 Created: 2014-12-19 Last updated: 2014-12-22Bibliographically approved

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Authority records BETA

Grahn, StenGranlund, AnnaWiktorsson, MagnusFriedler, Niklas

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CiteExportLink to record
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
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  • Other style
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Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
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  • asciidoc
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