Identification of profitable areas to apply product configuration systems in Engineering-To-Order companies

Katrin Kristjansdottir, Lars Hvam, Sara Shafiee, Martin Bonev

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

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    Abstract

    This article suggests a systematic framework for identifying potential areas, where Engineering-To-Order (ETO) companies may increase their profit-ability by implementing a Product Configuration System (PCS). In order to do so a three-step framework is proposed based on literature. The starting point is to conduct a profitability analysis to determine the accuracy of the cost estima-tions, and based on that the reason for the deviations across different projects is found. The next step is to generate the scope for different scenarios that aim to improve the current situation. Finally, it is suggested to make a cost-benefit analysis for different scenarios to determine where a PCS can provide the most benefits. This article is supplemented with a case study from an ETO company where potential areas for using PCS were found by applying the suggested framework.
    Original languageEnglish
    Title of host publicationProceedings. The 2015 World Confrence on Mass Customization, Personalization, and Co-Creation (MCPC)
    Number of pages16
    Publication date2015
    Publication statusPublished - 2015
    Event8th World Conference on Mass Customization, Personalization, and Co-Creation - Montreal, Canada
    Duration: 20 Oct 201522 Oct 2015
    Conference number: 8
    http://mcpc2015.com/

    Conference

    Conference8th World Conference on Mass Customization, Personalization, and Co-Creation
    Number8
    CountryCanada
    CityMontreal
    Period20/10/201522/10/2015
    Internet address

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