QU4LITY mapped on
Economic sustainability

General desciption of Economic sustainability:

Economic sustainability is the component of sustainability where the focus is on commercial competitiveness and the ability to do be successful from the business perspective.

Relevant:

Associated Results

Concerning the ecological and economic operation of a factory, data analytics tools in combination with simulation approaches can contribute to improved throughput, bottleneck-reduction, or both for the production line. Through the optimization of the processes, production execution on organization and logistic level can be optimized by reducing the amount of material within the system, the lead times, or both.