Material Flow Simulation and Cost Efficiency

JournalIndustrie Management
Issue Volume 24, 2008, Edition 4, Pages 17-20
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Abstract

The following article describes an integrated method to calculate the investment and (cost-) effectiveness of a process optimisation using innovative techniques like RFID. It is based on the research project IdentProLog. Starting with analysing and optimizing processes it‘s possible to evaluate them with a method like activity-based-costing. The detailed information about process-times for each resource will be taken from a material flow simulation. Using this way its possible to create and format data with a high confidential level. Furthermore, it is possible to consider dependencies between technical resources, even in your investment analysis.

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Solutions: Process Management