Sustainable value creation in manufacturing networks: Analysis of methodologies supporting innovation and solution engineering

    Research output: Chapter in Book/Report/Conference proceedingChapter or book articleProfessional

    Abstract

    The European report 'Vision for 2020' calls for an understanding of manufacturing as a network of complex development-oriented relationships. The significance of the manufacturing industry in Europe is widely known and accepted. Directly and through services, manufacturing companies generate wealth and jobs in every country in Europe. Globalisation has sparked a novel industrial revolution, leading to a new worldwide distribution of production and markets. Increasing demands for sustainability, however, have created new challenges and emerging opportunities for society and for business. The traditional transnational product and service solutions cannot be sustained in the emerging eco-sensitive business environments, where growing volumes of trade and the patterns of commercial operations impose significant environmental challenges all over Europe. Much of the opportunity to address sustainability is found in enhanced network management. Therefore, leading companies are looking for new approaches, so as to manage sustainability impacts effectively - from sourcing and production to distribution, product logistics support, and 'afterlife'. If the partners in the manufacturing network do not manage the future challenges surrounding regulation, reporting and compliance assurance, scarcity of resources, or the effects of climate change on their business, their ability to operate as a network partner could be dramatically affected. That could be fatal to their business. To be successful and resilient in this changing business environment, manufacturers must be proactive. Industrial practitioners need to be creative in recognising the opportunities that the sustainable economy will present for the development of new products and services, the identification of changes in markets, and the optimisation of their internationally operating network in view of the new sustainability criteria. A concrete way of exploiting these opportunities involves the development and implementation of new sustainability based industrial models and concepts.
    Original languageEnglish
    Title of host publicationHighlights in service research
    Place of PublicationEspoo
    PublisherVTT Technical Research Centre of Finland
    Pages68-73
    ISBN (Electronic)978-951-38-7969-3
    ISBN (Print)978-951-38-7968-6
    Publication statusPublished - 2013
    MoE publication typeNot Eligible

    Publication series

    SeriesVTT Research Highlights
    Number6
    ISSN2242-1173

    Fingerprint

    Sustainable value
    Methodology
    Innovation
    Manufacturing network
    Sustainability
    Network analysis
    Value creation
    Business environment
    Logistics
    Globalization
    Industrial revolution
    New products
    Climate change
    Network management
    Manufacturing industries
    Sourcing
    Scarcity
    Manufacturing companies
    Wealth
    New services

    Cite this

    Palomäki, K., Uusitalo, T., Valkokari, P., Valkokari, K., & Reunanen, M. (2013). Sustainable value creation in manufacturing networks: Analysis of methodologies supporting innovation and solution engineering. In Highlights in service research (pp. 68-73). Espoo: VTT Technical Research Centre of Finland. VTT Research Highlights, No. 6
    Palomäki, Katariina ; Uusitalo, Teuvo ; Valkokari, Pasi ; Valkokari, Katri ; Reunanen, Markku. / Sustainable value creation in manufacturing networks : Analysis of methodologies supporting innovation and solution engineering. Highlights in service research. Espoo : VTT Technical Research Centre of Finland, 2013. pp. 68-73 (VTT Research Highlights; No. 6).
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    title = "Sustainable value creation in manufacturing networks: Analysis of methodologies supporting innovation and solution engineering",
    abstract = "The European report 'Vision for 2020' calls for an understanding of manufacturing as a network of complex development-oriented relationships. The significance of the manufacturing industry in Europe is widely known and accepted. Directly and through services, manufacturing companies generate wealth and jobs in every country in Europe. Globalisation has sparked a novel industrial revolution, leading to a new worldwide distribution of production and markets. Increasing demands for sustainability, however, have created new challenges and emerging opportunities for society and for business. The traditional transnational product and service solutions cannot be sustained in the emerging eco-sensitive business environments, where growing volumes of trade and the patterns of commercial operations impose significant environmental challenges all over Europe. Much of the opportunity to address sustainability is found in enhanced network management. Therefore, leading companies are looking for new approaches, so as to manage sustainability impacts effectively - from sourcing and production to distribution, product logistics support, and 'afterlife'. If the partners in the manufacturing network do not manage the future challenges surrounding regulation, reporting and compliance assurance, scarcity of resources, or the effects of climate change on their business, their ability to operate as a network partner could be dramatically affected. That could be fatal to their business. To be successful and resilient in this changing business environment, manufacturers must be proactive. Industrial practitioners need to be creative in recognising the opportunities that the sustainable economy will present for the development of new products and services, the identification of changes in markets, and the optimisation of their internationally operating network in view of the new sustainability criteria. A concrete way of exploiting these opportunities involves the development and implementation of new sustainability based industrial models and concepts.",
    author = "Katariina Palom{\"a}ki and Teuvo Uusitalo and Pasi Valkokari and Katri Valkokari and Markku Reunanen",
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    Palomäki, K, Uusitalo, T, Valkokari, P, Valkokari, K & Reunanen, M 2013, Sustainable value creation in manufacturing networks: Analysis of methodologies supporting innovation and solution engineering. in Highlights in service research. VTT Technical Research Centre of Finland, Espoo, VTT Research Highlights, no. 6, pp. 68-73.

    Sustainable value creation in manufacturing networks : Analysis of methodologies supporting innovation and solution engineering. / Palomäki, Katariina; Uusitalo, Teuvo; Valkokari, Pasi; Valkokari, Katri; Reunanen, Markku.

    Highlights in service research. Espoo : VTT Technical Research Centre of Finland, 2013. p. 68-73 (VTT Research Highlights; No. 6).

    Research output: Chapter in Book/Report/Conference proceedingChapter or book articleProfessional

    TY - CHAP

    T1 - Sustainable value creation in manufacturing networks

    T2 - Analysis of methodologies supporting innovation and solution engineering

    AU - Palomäki, Katariina

    AU - Uusitalo, Teuvo

    AU - Valkokari, Pasi

    AU - Valkokari, Katri

    AU - Reunanen, Markku

    PY - 2013

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    N2 - The European report 'Vision for 2020' calls for an understanding of manufacturing as a network of complex development-oriented relationships. The significance of the manufacturing industry in Europe is widely known and accepted. Directly and through services, manufacturing companies generate wealth and jobs in every country in Europe. Globalisation has sparked a novel industrial revolution, leading to a new worldwide distribution of production and markets. Increasing demands for sustainability, however, have created new challenges and emerging opportunities for society and for business. The traditional transnational product and service solutions cannot be sustained in the emerging eco-sensitive business environments, where growing volumes of trade and the patterns of commercial operations impose significant environmental challenges all over Europe. Much of the opportunity to address sustainability is found in enhanced network management. Therefore, leading companies are looking for new approaches, so as to manage sustainability impacts effectively - from sourcing and production to distribution, product logistics support, and 'afterlife'. If the partners in the manufacturing network do not manage the future challenges surrounding regulation, reporting and compliance assurance, scarcity of resources, or the effects of climate change on their business, their ability to operate as a network partner could be dramatically affected. That could be fatal to their business. To be successful and resilient in this changing business environment, manufacturers must be proactive. Industrial practitioners need to be creative in recognising the opportunities that the sustainable economy will present for the development of new products and services, the identification of changes in markets, and the optimisation of their internationally operating network in view of the new sustainability criteria. A concrete way of exploiting these opportunities involves the development and implementation of new sustainability based industrial models and concepts.

    AB - The European report 'Vision for 2020' calls for an understanding of manufacturing as a network of complex development-oriented relationships. The significance of the manufacturing industry in Europe is widely known and accepted. Directly and through services, manufacturing companies generate wealth and jobs in every country in Europe. Globalisation has sparked a novel industrial revolution, leading to a new worldwide distribution of production and markets. Increasing demands for sustainability, however, have created new challenges and emerging opportunities for society and for business. The traditional transnational product and service solutions cannot be sustained in the emerging eco-sensitive business environments, where growing volumes of trade and the patterns of commercial operations impose significant environmental challenges all over Europe. Much of the opportunity to address sustainability is found in enhanced network management. Therefore, leading companies are looking for new approaches, so as to manage sustainability impacts effectively - from sourcing and production to distribution, product logistics support, and 'afterlife'. If the partners in the manufacturing network do not manage the future challenges surrounding regulation, reporting and compliance assurance, scarcity of resources, or the effects of climate change on their business, their ability to operate as a network partner could be dramatically affected. That could be fatal to their business. To be successful and resilient in this changing business environment, manufacturers must be proactive. Industrial practitioners need to be creative in recognising the opportunities that the sustainable economy will present for the development of new products and services, the identification of changes in markets, and the optimisation of their internationally operating network in view of the new sustainability criteria. A concrete way of exploiting these opportunities involves the development and implementation of new sustainability based industrial models and concepts.

    M3 - Chapter or book article

    SN - 978-951-38-7968-6

    T3 - VTT Research Highlights

    SP - 68

    EP - 73

    BT - Highlights in service research

    PB - VTT Technical Research Centre of Finland

    CY - Espoo

    ER -

    Palomäki K, Uusitalo T, Valkokari P, Valkokari K, Reunanen M. Sustainable value creation in manufacturing networks: Analysis of methodologies supporting innovation and solution engineering. In Highlights in service research. Espoo: VTT Technical Research Centre of Finland. 2013. p. 68-73. (VTT Research Highlights; No. 6).