Product and Process Innovations Leading to Sustainable Business Models

Jukka Hemilä; Mikko Heiskanen; Tuija Rantala

Product and Process Innovations Leading to Sustainable Business Models

Jukka Hemilä, Mikko Heiskanen, Tuija Rantala (Corresponding author)

BA5607 Data-driven sustainability

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific

Abstract

After several years of digitalization trend, machine manufacturers have developed sustainability within their operations. The need for the changes is coming from the customers, sustainability certificates and legislation. Big customers that already have certificates have also started to ask about CO2 emission figures and other metrics from the manufacturers. The business model transition requires product and process innovations. The sustainability comes from the operations or products that are becoming more sustainable. The Overall Equipment Efficiency (OEE) and technical availability matters mostly for customers. Lower energy consumption and longer lifetime of the machines are examples how OEE is ensured with sustainable product innovations. Optimized maintenance schedule based on operational data is one practical example of sustainable process innovations, leading to environmental and economic impact. This paper is based on multiple case study developing product and process innovations leading to sustainable business models in manufacturing industries.

Original language	English
Title of host publication	ISPIM Connects Salzburg – The Sound of Innovation
Publisher	Lappeenranta University of Technology
Number of pages	9
ISBN (Electronic)	978-952-65069-4-4
Publication status	Published - 11 Dec 2023
MoE publication type	B3 Non-refereed article in conference proceedings
Event	ISPIM Connects Salzburg: Sound of Innovation - Salzburg Congress Center, Salzburg, Austria Duration: 11 Dec 2023 → 13 Dec 2023 https://www.ispim-connects.com/

Publication series

Series	LUT Scientific and Expertise Publications: Research Reports
ISSN	2243-3376

Conference

Conference	ISPIM Connects Salzburg
Country/Territory	Austria
City	Salzburg
Period	11/12/23 → 13/12/23
Internet address	https://www.ispim-connects.com/

Funding

he authors would like to thank all the companies in the DataAsset (Sustainable Data-Based Business for Manufacturing Industry) project, as well as Business Finland for its support of this study.

Keywords

Sustainability
business model
manufacturing
innovations

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

https://conferencesubmissions.com/ispim/slz2023/proceedings/documents/1339553480_Paper.pdf

Cite this

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title = "Product and Process Innovations Leading to Sustainable Business Models",

abstract = "After several years of digitalization trend, machine manufacturers have developed sustainability within their operations. The need for the changes is coming from the customers, sustainability certificates and legislation. Big customers that already have certificates have also started to ask about CO2 emission figures and other metrics from the manufacturers. The business model transition requires product and process innovations. The sustainability comes from the operations or products that are becoming more sustainable. The Overall Equipment Efficiency (OEE) and technical availability matters mostly for customers. Lower energy consumption and longer lifetime of the machines are examples how OEE is ensured with sustainable product innovations. Optimized maintenance schedule based on operational data is one practical example of sustainable process innovations, leading to environmental and economic impact. This paper is based on multiple case study developing product and process innovations leading to sustainable business models in manufacturing industries.",

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author = "Jukka Hemil{\"a} and Mikko Heiskanen and Tuija Rantala",

year = "2023",

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language = "English",

series = "LUT Scientific and Expertise Publications: Research Reports",

publisher = "Lappeenranta University of Technology",

booktitle = "ISPIM Connects Salzburg – The Sound of Innovation",

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note = "ISPIM Connects Salzburg : Sound of Innovation ; Conference date: 11-12-2023 Through 13-12-2023",

url = "https://www.ispim-connects.com/",

}

Hemilä, J , Heiskanen, M & Rantala, T 2023, Product and Process Innovations Leading to Sustainable Business Models. in ISPIM Connects Salzburg – The Sound of Innovation. Lappeenranta University of Technology, LUT Scientific and Expertise Publications: Research Reports, ISPIM Connects Salzburg, Salzburg, Austria, 11/12/23. <https://conferencesubmissions.com/ispim/slz2023/proceedings/documents/1339553480_Paper.pdf>

Product and Process Innovations Leading to Sustainable Business Models. / Hemilä, Jukka ; Heiskanen, Mikko ; Rantala, Tuija (Corresponding author).
ISPIM Connects Salzburg – The Sound of Innovation. Lappeenranta University of Technology, 2023. (LUT Scientific and Expertise Publications: Research Reports).

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific

TY - GEN

T1 - Product and Process Innovations Leading to Sustainable Business Models

AU - Hemilä, Jukka

AU - Heiskanen, Mikko

AU - Rantala, Tuija

PY - 2023/12/11

Y1 - 2023/12/11

N2 - After several years of digitalization trend, machine manufacturers have developed sustainability within their operations. The need for the changes is coming from the customers, sustainability certificates and legislation. Big customers that already have certificates have also started to ask about CO2 emission figures and other metrics from the manufacturers. The business model transition requires product and process innovations. The sustainability comes from the operations or products that are becoming more sustainable. The Overall Equipment Efficiency (OEE) and technical availability matters mostly for customers. Lower energy consumption and longer lifetime of the machines are examples how OEE is ensured with sustainable product innovations. Optimized maintenance schedule based on operational data is one practical example of sustainable process innovations, leading to environmental and economic impact. This paper is based on multiple case study developing product and process innovations leading to sustainable business models in manufacturing industries.

AB - After several years of digitalization trend, machine manufacturers have developed sustainability within their operations. The need for the changes is coming from the customers, sustainability certificates and legislation. Big customers that already have certificates have also started to ask about CO2 emission figures and other metrics from the manufacturers. The business model transition requires product and process innovations. The sustainability comes from the operations or products that are becoming more sustainable. The Overall Equipment Efficiency (OEE) and technical availability matters mostly for customers. Lower energy consumption and longer lifetime of the machines are examples how OEE is ensured with sustainable product innovations. Optimized maintenance schedule based on operational data is one practical example of sustainable process innovations, leading to environmental and economic impact. This paper is based on multiple case study developing product and process innovations leading to sustainable business models in manufacturing industries.

KW - Sustainability

KW - business model

KW - manufacturing

KW - innovations

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M3 - Conference article in proceedings

T3 - LUT Scientific and Expertise Publications: Research Reports

BT - ISPIM Connects Salzburg – The Sound of Innovation

PB - Lappeenranta University of Technology

T2 - ISPIM Connects Salzburg

Y2 - 11 December 2023 through 13 December 2023

ER -

Product and Process Innovations Leading to Sustainable Business Models

Abstract

Publication series

Conference

Funding

Keywords

UN SDGs

Access to Document

Other files and links

Fingerprint

Data Asset

Cite this

Product and Process Innovations Leading to Sustainable Business Models

Abstract

Publication series

Conference

Funding

Keywords

UN SDGs

Access to Document

Other files and links

Fingerprint

Projects

Data Asset

Cite this