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

NameVTT Research Highlights
PublisherVTT
Number6
ISSN (Print)2242-1173
ISSN (Electronic)2242-1181

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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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.",
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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

Y1 - 2013

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).