Extracting Key Value Streams Using Process Mining and Machine Learning

Publisher:
IEEE
Publication Type:
Conference Proceeding
Citation:
2023 IEEE Engineering Informatics, 2024, 00, pp. 1-7
Issue Date:
2024-05-14
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In the past decade the complexity of production systems has grown exponentially Manufacturing companies are under the influence of social economic and political trends that urge them to accelerate product development timelines while simultaneously achieving greater flexibility and resource efficiency Amid these challenges manufacturing companies commonly grapple with the task of defining key value streams within their production processes This challenge is especially relevant for high variety low volume businesses where value streams may include a high number of products and components The identification of these key value streams offers a pathway to improve decision making shedding light on the primary sources of complexity that impede operational efficiency Central to this endeavour is a comprehensive grasp of production flows In the context of Industry 4 0 the expanded accessibility of data sourced from factory operations opens doors to novel prospects facilitating a more profound understanding of production flows Following the long standing principles of Production Flow Analysis which have played a pivotal role in defining value streams over the years we present an approach for discerning these value streams by harnessing production data through process mining and machine learning techniques To demonstrate the practical viability of our proposed approach we present a case study that exemplifies its application in real world scenarios
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