Integrated performance measurement for optimization networks in smart enterprises

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1 Citation (Scopus)

Abstract

Due to the current structural economic transformation towards smart production and logistics, a holistic and interactive connection between involved agents and departments becomes essential. Therefore, also in the field of operations research, an innovative approach of performance measurement is necessary to ensure increasing efficiency in smart enterprises. However, using traditional mathematical optimization methods, the isolated consideration of problem models can lead to high opportunity costs in other departments. In this paper, an integrated approach for measuring the performance of combined logistics optimization problems is presented. The connection of single problems is shown by proposing optimization networks (ON), where isolated problems are solved simultaneously to be able to use synergy effects. A methodology for measuring the results of an ON, called integrated performance measurement system (IPMS), is introduced. It monitors quantitative business goal achievement and ensures an overall increasing efficiency.

Original languageEnglish
Title of host publicationOn the Move to Meaningful Internet Systems
Subtitle of host publicationOTM 2016 Workshops - Confederated International Workshops: EI2N, FBM, ICSP, Meta4eS, and OTMA 2016, Revised Selected Papers
EditorsPeter Bollen, Herve Panetto, Georg Weichhart, Maria-Esther Vidal, Ioana Ciuciu, Christophe Debruyne, Anna Fensel
PublisherSpringer Verlag
Pages26-35
Number of pages10
ISBN (Print)9783319559605
DOIs
Publication statusPublished - 2017
EventConfederated International Workshops On the Move to Meaningful Internet Systems, OTM 2016 held as part of EI2N, FBM, ICSP, Meta4eS, and OTMA 2016 - Rhodes, Greece
Duration: 24 Oct 201628 Oct 2016

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume10034 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

ConferenceConfederated International Workshops On the Move to Meaningful Internet Systems, OTM 2016 held as part of EI2N, FBM, ICSP, Meta4eS, and OTMA 2016
CountryGreece
CityRhodes
Period24.10.201628.10.2016

Keywords

  • Integrated performance measurement
  • Production and logistics optimization networks
  • Smart enterprise
  • Synergy effects

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