Quantification of Benefits and Cost from Applying a Product Configuration System

Katrin Kristjansdottir, Sara Shafiee, Lars Hvam, Martin Bonev, Anna Myrodia

    Research output: Contribution to conferencePaperResearchpeer-review

    153 Downloads (Pure)

    Abstract

    This article aims at analyzing the long-term benefits and the cost from developing, implementing and maintaining product configuration systems (PCSs). The results presented indicate that over 5 years period a case company has achieved significant savings as a result to reduced workload of generating the products’ specifications. In addition the lead-time for generating products’ specifications has been reduced and indications of improved quality of the products’ specifications and additional sales are identified. The research verifies the benefits described in the current literature and contributes by linking the benefits to the direct cost savings companies can expect from utilizing PCSs.
    Original languageEnglish
    Publication date2016
    Number of pages8
    Publication statusPublished - 2016
    Event7th international conference on mass customization and personalization in Central Europe - Novi Sad, Serbia
    Duration: 21 Sep 201623 Sep 2016
    http://www.mcp-ce.org/

    Conference

    Conference7th international conference on mass customization and personalization in Central Europe
    CountrySerbia
    CityNovi Sad
    Period21/09/201623/09/2016
    Internet address

    Cite this

    Kristjansdottir, K., Shafiee, S., Hvam, L., Bonev, M., & Myrodia, A. (2016). Quantification of Benefits and Cost from Applying a Product Configuration System. Paper presented at 7th international conference on mass customization and personalization in Central Europe, Novi Sad, Serbia.
    Kristjansdottir, Katrin ; Shafiee, Sara ; Hvam, Lars ; Bonev, Martin ; Myrodia, Anna. / Quantification of Benefits and Cost from Applying a Product Configuration System. Paper presented at 7th international conference on mass customization and personalization in Central Europe, Novi Sad, Serbia.8 p.
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    author = "Katrin Kristjansdottir and Sara Shafiee and Lars Hvam and Martin Bonev and Anna Myrodia",
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    language = "English",
    note = "7th international conference on mass customization and personalization in Central Europe, MCP-CE2016 ; Conference date: 21-09-2016 Through 23-09-2016",
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    Kristjansdottir, K, Shafiee, S, Hvam, L, Bonev, M & Myrodia, A 2016, 'Quantification of Benefits and Cost from Applying a Product Configuration System', Paper presented at 7th international conference on mass customization and personalization in Central Europe, Novi Sad, Serbia, 21/09/2016 - 23/09/2016.

    Quantification of Benefits and Cost from Applying a Product Configuration System. / Kristjansdottir, Katrin; Shafiee, Sara; Hvam, Lars; Bonev, Martin; Myrodia, Anna.

    2016. Paper presented at 7th international conference on mass customization and personalization in Central Europe, Novi Sad, Serbia.

    Research output: Contribution to conferencePaperResearchpeer-review

    TY - CONF

    T1 - Quantification of Benefits and Cost from Applying a Product Configuration System

    AU - Kristjansdottir, Katrin

    AU - Shafiee, Sara

    AU - Hvam, Lars

    AU - Bonev, Martin

    AU - Myrodia, Anna

    PY - 2016

    Y1 - 2016

    N2 - This article aims at analyzing the long-term benefits and the cost from developing, implementing and maintaining product configuration systems (PCSs). The results presented indicate that over 5 years period a case company has achieved significant savings as a result to reduced workload of generating the products’ specifications. In addition the lead-time for generating products’ specifications has been reduced and indications of improved quality of the products’ specifications and additional sales are identified. The research verifies the benefits described in the current literature and contributes by linking the benefits to the direct cost savings companies can expect from utilizing PCSs.

    AB - This article aims at analyzing the long-term benefits and the cost from developing, implementing and maintaining product configuration systems (PCSs). The results presented indicate that over 5 years period a case company has achieved significant savings as a result to reduced workload of generating the products’ specifications. In addition the lead-time for generating products’ specifications has been reduced and indications of improved quality of the products’ specifications and additional sales are identified. The research verifies the benefits described in the current literature and contributes by linking the benefits to the direct cost savings companies can expect from utilizing PCSs.

    M3 - Paper

    ER -

    Kristjansdottir K, Shafiee S, Hvam L, Bonev M, Myrodia A. Quantification of Benefits and Cost from Applying a Product Configuration System. 2016. Paper presented at 7th international conference on mass customization and personalization in Central Europe, Novi Sad, Serbia.