Details
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 1st Conference on Production Systems and Logistics |
| Pages | 466-473 |
| Number of pages | 8 |
| Publication status | Published - 2020 |
| Event | Conference on Production Systems and Logistics - Stellenbosch, Südafrika, Germany Duration: 17 Mar 2020 → 20 Mar 2020 Conference number: 1 https://cpsl-conference.com/ |
Publication series
| Name | Proceedings of the Conference on Production Systems and Logistics |
|---|
Abstract
The increasing individualization and the growing customer demand for product variety leads to a constant shortening of product life cycles and to the necessity of periodically rationalizing product portfolios. For this reason, approaches to product portfolio assessment offer methods that allow a financial or market-oriented valuation of existing products in portfolios. When assessing products in product portfolios, conventional approaches do not explicitly take the logistical impact of products on the logistics performance or costs of the production into account. The consequence of neglecting the logistical assessment dimension to product portfolios is that products, that have a negative impact on the logistics performance of a company, are not part of a critical examination. This paper therefore presents an approach that aims at developing a methodology to assess product portfolios both from a logistical as well as from financial or market-oriented perspectives. To this end, the approach initially works the influence of individual products and product characteristics on the logistics performance and logistics costs of production out. The consolidation of these findings with further evaluation variables then enables a product portfolio optimization with explicit consideration of a logistic assessment dimension.
Keywords
- Product portfolio analysis, portfolio assessment, portfolio optimization, production logistics
ASJC Scopus subject areas
- Engineering(all)
- Industrial and Manufacturing Engineering
- Engineering(all)
- Mechanical Engineering
- Business, Management and Accounting(all)
- Management of Technology and Innovation
- Business, Management and Accounting(all)
- Strategy and Management
Sustainable Development Goals
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Proceedings of the 1st Conference on Production Systems and Logistics. 2020. p. 466-473 (Proceedings of the Conference on Production Systems and Logistics).
Research output: Chapter in book/report/conference proceeding › Conference contribution › Research › peer review
}
TY - GEN
T1 - Assessing product portfolios from a production logistics perspective
AU - Kämpfer, Tim
AU - Lucht, Torben
AU - Schäfers, Philipp
AU - Nyhuis, Peter
N1 - Conference code: 1
PY - 2020
Y1 - 2020
N2 - The increasing individualization and the growing customer demand for product variety leads to a constant shortening of product life cycles and to the necessity of periodically rationalizing product portfolios. For this reason, approaches to product portfolio assessment offer methods that allow a financial or market-oriented valuation of existing products in portfolios. When assessing products in product portfolios, conventional approaches do not explicitly take the logistical impact of products on the logistics performance or costs of the production into account. The consequence of neglecting the logistical assessment dimension to product portfolios is that products, that have a negative impact on the logistics performance of a company, are not part of a critical examination. This paper therefore presents an approach that aims at developing a methodology to assess product portfolios both from a logistical as well as from financial or market-oriented perspectives. To this end, the approach initially works the influence of individual products and product characteristics on the logistics performance and logistics costs of production out. The consolidation of these findings with further evaluation variables then enables a product portfolio optimization with explicit consideration of a logistic assessment dimension.
AB - The increasing individualization and the growing customer demand for product variety leads to a constant shortening of product life cycles and to the necessity of periodically rationalizing product portfolios. For this reason, approaches to product portfolio assessment offer methods that allow a financial or market-oriented valuation of existing products in portfolios. When assessing products in product portfolios, conventional approaches do not explicitly take the logistical impact of products on the logistics performance or costs of the production into account. The consequence of neglecting the logistical assessment dimension to product portfolios is that products, that have a negative impact on the logistics performance of a company, are not part of a critical examination. This paper therefore presents an approach that aims at developing a methodology to assess product portfolios both from a logistical as well as from financial or market-oriented perspectives. To this end, the approach initially works the influence of individual products and product characteristics on the logistics performance and logistics costs of production out. The consolidation of these findings with further evaluation variables then enables a product portfolio optimization with explicit consideration of a logistic assessment dimension.
KW - Product portfolio analysis
KW - portfolio assessment
KW - portfolio optimization
KW - production logistics
UR - http://www.scopus.com/inward/record.url?scp=85135332783&partnerID=8YFLogxK
U2 - https://doi.org/10.15488/9689
DO - https://doi.org/10.15488/9689
M3 - Conference contribution
T3 - Proceedings of the Conference on Production Systems and Logistics
SP - 466
EP - 473
BT - Proceedings of the 1st Conference on Production Systems and Logistics
T2 - Conference on Production Systems and Logistics
Y2 - 17 March 2020 through 20 March 2020
ER -