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Title:      AN INFORMATION PROCESSING CONCEPT FOR PRODUCT DEVELOPMENT
Author(s):      Philip Hollstein
ISBN:      978-972-8939-47-2
Editors:      Miguel Baptista Nunes, Pedro IsaĆ­as and Philip Powell
Year:      2011
Edition:      Single
Keywords:      Decision support, product design, construction and development issues
Type:      Full Paper
First Page:      30
Last Page:      36
Language:      English
Cover:      cover          
Full Contents:      click to dowload Download
Paper Abstract:      Product lifecycles are becoming shorter and shorter and new innovative products are presented on the market in shorter becoming intervals. Therefore manufacturing enterprises faces the challenge to provide the own development of new products with important information within a short time. Especially in the case of developing new products, lots of decisions have to be made which seriousness will not become clear until long time after the decision has been made. Ignoring constraints of products, changing markets, or customer structures can result in serious consequences for enterprises. For an enterprise, it is therefore of high importance to have the possibility to make such decisions in the development with as less risk or with as best information supply as possible. The Stuttgart-Enterprise-Model includes this basic idea of using information systems for extracting product data for improving decision support. In this paper a concept is illustrated how this data can be extracted, enriched and visualized with the help of a business intelligence framework and therewith used for supporting strategic decisions in the development phase of a product. The flexibility of products and production technology is focused in order to secure the long term economic success of an enterprise.
   

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