Substitution and Complementation of Production Management Functions with Data Analytics

Complexity in production systems is steadily growing– one of the drivers is the customer's desire for personalization of products and services. Existing production management systems rely on deterministic functions. Given the diversity and varying influence of these functions, current methods reach their limits and may not meet future needs. We introduce new opportunities provided by replacing and complementing these functionalities with data analytics. With a focus on production management and data-driven analysis we offer a flexible method that extends existing Industrie 4.0 technologies for several application areas (e.g., logistics, inventory management).