Project
M4M - Measurements 4 Management ISPT
Process industry is under continuous pressure to not only return high profits, but also to improve their short term and long term sustainability standards. In the project Measurement for Management (M4M), data analysis methods are developed to enable inclusion of novel information and prediction of Key Performance Indicators (KPIs) for business excellence. The Department of Analytical Chemistry & Chemometrics at Radboud University leads this part of the project.
Insights from digital technologies, termed as Industry 4.0, are at the core of finding potential synergies and trade-offs between economic profit and sustainability targets. The sustainability targets are captured in relevant and feasible KPIs of safety and environmental sustainability. The department of Environmental Sciences at Radboud University will take up this part of the project. Current digital technologies in Industry 4.0 allow, however, for only limited inclusion of process information available within companies, while the degree of acceptance of such digital technologies as managerial and operational tools is rather limited. Gains in sustainability, aligned with cost reductions, increases in safety and product quality and adequate market compliance do however require involvement of all stakeholders within the company; from manager to process operator. This project addresses the involvement of employers to tackle the complaint of nearly half the employee population: that they are not or very late involved in the digitization of their tasks and environment. Therefore, the human factor is considered to be crucial for the optimal implementation of Industry 4.0. Education and Learning Sciences (Wageningen University) studies how Industry 4.0 how to involve employees and their managers in co-creating Industry 4.0 solutions from the learning organisation perspective. To what extent to exploration and exploitation yield new ideas for Industry4.0 and sustainability and support the implementation of Industry 4.0. Aside from the three academic groups, ISPT as leader of open innovation in the process industry, multiple large process industry companies join in and together we work on use cases.
Read more.