Analyzing the Accuracy of Calculations When Scoping Product Configuration Projects

Martin Bonev, Lars Hvam

    Research output: Contribution to journalConference articleResearchpeer-review

    Abstract

    Product configurators have increasingly been applied in industrial environments. With their help, companies providing customized products have managed to redesign their specification processes and to better handle the growing product variety. But despite the promising benefits, conducting configuration projects is still challenging. Assuming that configurators would naturally solve the existing flaws, both, researchers and professionals typically neglect the need for a making a precise scope for their implementation. Based on this theoretical and practical concern, the present study provides a detailed framework on how the highest potential and eventually the most benefits from using configuration systems can be identified. In particular, this paper investigates how the less explored domain of varying gross margins and calculations reveal a considerable potential for improvement by means of configuration.
    Original languageEnglish
    Book seriesLecture Notes in Artificial Intelligence
    Volume7661
    Pages (from-to)347–358
    ISSN0302-9743
    Publication statusPublished - 2012
    Event20th International Symposium on Methodologies for Intelligent System - ISMIS 2012 - Macau, China
    Duration: 5 Dec 20127 Dec 2012

    Conference

    Conference20th International Symposium on Methodologies for Intelligent System - ISMIS 2012
    CountryChina
    CityMacau
    Period05/12/201207/12/2012

    Keywords

    • Product configuration
    • Configurator development
    • Sales configuration
    • Price calculation
    • Gross margin

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