A system dynamic approach for product lifecycle affected by industry 4.0

© 2019, Computers and Industrial Engineering. All rights reserved.The implementation of Industry 4.0 has an extensive impact on industrial value creation. Studies on its opportunities and challenges for companies are critical and analytical thinking. The high practical and theoretical relevance of digital and connected manufacturing technologies implies that it is essential to understand the underlying dynamics of their implementation. This paper addresses the issues related to the implementation of product lifecycle under the smart manufacturing criteria in the context of Industry 4.0. V-model diagram modulates the requirement analysis that is necessary to implement Industry 4.0 and specifications depending on the types of manufacturing. We are shown how digitization brings value-added products and services. Then the V-model has remarked the position of innovative design in the smart manufacturing of product and service. Subsequently, Industry 4.0 acquires consideration of system dynamic behavior. Therefore, this paper presents the influencing factors on the product lifecycle, control cost, and development and protection cost of the system considering its dynamic behavior. In the proposed model, product design from concept, development, prototyping and lunching, product manufacturing, distribution, customer use, service and remanufacturing are considered as the communication tools for equilibrium the information in the system.

A system dynamic approach for product lifecycle affected by industry 4.0 Academic Article in Scopus