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Full-Text Articles in Business
Parallel Design Of A Product And Internet Of Things (Iot) Architecture To Minimize The Cost Of Utilizing Big Data (Bd) For Sustainable Value Creation, Ryan Bradley, Ibrahim S. Jawahir, Niko Murrell, Julie Whitney
Parallel Design Of A Product And Internet Of Things (Iot) Architecture To Minimize The Cost Of Utilizing Big Data (Bd) For Sustainable Value Creation, Ryan Bradley, Ibrahim S. Jawahir, Niko Murrell, Julie Whitney
Institute for Sustainable Manufacturing Faculty Publications
Information has become today's addictive currency; hence, companies are investing billions in the creation of Internet of Things (IoT) frameworks that gamble on finding trends that reveal sustainability and/or efficiency improvements. This approach to “Big Data” can lead to blind, astronomical costs. Therefore, this paper presents a counter approach aimed at minimizing the cost of utilizing “Big Data” for sustainable value creation. The proposed approach leverages domain/expert knowledge of the system in combination with a machine learning algorithm in order to limit the needed infrastructure and cost. A case study of the approach implemented in a consumer electronics company is …
Strategies For Value Creation Through Sustainable Manufacturing, Fazleena Badurdeen, Ibrahim S. Jawahir
Strategies For Value Creation Through Sustainable Manufacturing, Fazleena Badurdeen, Ibrahim S. Jawahir
Institute for Sustainable Manufacturing Faculty Publications
Making the business case and establishing strategic directions for sustainable manufacturing requires a collaborative effort. Strategic capabilities that can help create sustainable value for all stakeholders must be identified. Technologies and methodologies to provide these capabilities for implementation must then be developed, through public-private partnerships. This paper presents major business imperatives and strategic capabilities necessary to enable value creation through sustainable manufacturing identified based on extensive engagement with business leaders and industry professionals as well as academic experts and government agency representatives. The paper also presents a future vision for sustainable products, processes and systems that can be derived from …