Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Skip to main content

The Role of Low-Cost Digitalisation in Improving Operations Management

  • Conference paper
  • First Online:
Service Oriented, Holonic and Multi-Agent Manufacturing Systems for Industry of the Future (SOHOMA 2022)

Part of the book series: Studies in Computational Intelligence ((SCI,volume 1083))

  • 679 Accesses

Abstract

Financial resource limitations and lack of technological awareness are two of the most common barriers to digitalisation in Small-and-Medium-sized enterprises (SMEs). In response to these challenges, recent research has focused on digital solution areas that can be deployed at a low cost in companies. In this article, we focus on how these solution areas benefit SME operations. In particular, we identify and categorise the value activities these solution areas enable and their potential benefits for the operations management function. Furthermore, this article proposes a conceptual model for the role of low-cost digital solutions in creating operational benefits and describes the opportunities that arise from it.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Subscribe and save

Springer+ Basic
$34.99 /Month
  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 189.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 249.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 249.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Similar content being viewed by others

References

  1. Slack, N., Chambers, S., Johnston, R.: Operations Management. Pearson Education (2010)

    Google Scholar 

  2. de Burgos Jiménez, J., Céspedes Lorente, J.J.: Environmental performance as an operations objective. Int. J. Oper. Prod. Manage. 21(12), 1553–1572 (2001). https://doi.org/10.1108/01443570110410900

  3. Masood, T., Sonntag, P.: Industry 4.0: adoption challenges and benefits for SMEs. Comput. Industr. 121, 103261 (2020). https://doi.org/10.1016/j.compind.2020.103261

  4. Pousttchi, K., Gleiss, A., Buzzi, B., Kohlhagen, M.: Technology impact types for digital transformation. In: 2019 IEEE 21st Conference on Business Informatics (CBI), vol. 01, pp. 487–494 (2019). https://doi.org/10.1109/CBI.2019.00063

  5. Schönfuß, B., McFarlane, D., Hawkridge, G., Salter, L., Athanassopoulou, N., de Silva, L.: A catalogue of digital solution areas for prioritising the needs of manufacturing SMEs. Comput. Industr. 133, 103532 (2021). https://doi.org/10.1016/j.compind.2021.103532

    Article  Google Scholar 

  6. McFarlane, D., et al.: Digital manufacturing on a shoestring: low cost digital solutions for SMEs. In: Borangiu, T., Trentesaux, D., Leitão, P., Giret Boggino, A., Botti, V. (eds.) SOHOMA 2019. SCI, vol. 853, pp. 40–51. Springer, Cham (2020). https://doi.org/10.1007/978-3-030-27477-1_4

    Chapter  Google Scholar 

  7. Hawkridge, G., et al.: Monitoring on a shoestring: low cost solutions for digital manufacturing. Ann. Rev. Control 51, 374–391 (2021). https://doi.org/10.1016/j.arcontrol.2021.04.007

    Article  Google Scholar 

  8. Evangelista, P., Mogre, R., Perego, A., Raspagliesi, A., Sweeney, E.: A survey based analysis of IT adoption and 3PLs’ performance. Supply Chain Manage. Int. J. 17(2), 172–186 (2012). https://doi.org/10.1108/13598541211212906

    Article  Google Scholar 

  9. Choy, K.L., et al.: Impact of information technology on the performance of logistics industry: the case of Hong Kong and Pearl Delta region. J. Oper. Res. Soc. 65(6), 904–916 (2014). https://doi.org/10.1057/jors.2013.121

    Article  Google Scholar 

  10. Kelepouris, T., McFarlane, D.: Determining the value of asset location information systems in a manufacturing environment. Int. J. Prod. Econ. 126(2), 324–334 (2010). https://doi.org/10.1016/j.ijpe.2010.04.009

    Article  Google Scholar 

  11. Lawrence, D.B.: The Economic Value of Information. Springer, New York (2012). https://doi.org/10.1007/978-1-4612-1460-1

  12. Glaser, B.G., Strauss, A.L.: The Discovery of Grounded Theory: Strategies for Qualitative Research. Routledge, New York (2017). https://doi.org/10.4324/9780203793206

    Book  Google Scholar 

  13. McGregor, S.L.T.: Understanding and Evaluating Research: A Critical Guide. SAGE Publications (2017)

    Google Scholar 

  14. Strauss, A.L.: Qualitative Analysis for Social Scientists. Cambridge University Press (1987)

    Book  Google Scholar 

  15. Schwandt, T.A.: Dictionary of Qualitative Inquiry, p. 281. SAGE Publications (2001). ISBN 978-0761921660

    Google Scholar 

  16. Publications Office of the European Union: User Guide to the SME Definition, European Union [Online] (2015). http://ec.europa.eu/regional_policy/sources/conferences/stateaid/sme/smedefinitionguide_en.pdf

  17. Ary, D., Jacobs, L.C., Irvine, C.K.S., Walker, D.: Introduction to Research in Education. Cengage Learning (2018)

    Google Scholar 

  18. Macias-Aguayo, J., McFarlane, D., Schönfuß, B., Salter, L.: A catalogue of digital solution areas for logistics SMEs. Presented at the 2022 10th IFAC Conference on Manufacturing Modelling, Management and Control, MIM 2022, Nantes, France (2022). https://doi.org/10.1016/j.ifacol.2022.09.664

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Jaime Macias-Aguayo .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Macias-Aguayo, J., Yilmaz, G., Mukherjee, A., McFarlane, D. (2023). The Role of Low-Cost Digitalisation in Improving Operations Management. In: Borangiu, T., Trentesaux, D., Leitão, P. (eds) Service Oriented, Holonic and Multi-Agent Manufacturing Systems for Industry of the Future. SOHOMA 2022. Studies in Computational Intelligence, vol 1083. Springer, Cham. https://doi.org/10.1007/978-3-031-24291-5_27

Download citation

Publish with us

Policies and ethics