Digital Twin Value Stream Simulation

Objective

The service enables the user to use the lean management method of value stream mapping in the context of circular economy processes. The functionalities range from digitization and documentation to simulation of the value stream.

Methodology

The library of the classic value stream objects will be extended by adding components to also cover the specific processes of the circular economy e.g.  disassembly, quality grading and reconditioning. Settings such as the BOM/Reverse BOM are taken over directly from the DigiPrime platform.

makes use of statistical methods, e.g. time series analysis, regression analysis, and seasonal factors and it implements available state-of-the-art approaches such as facebooks prophet model. The user may select the forecast method of his/her choice.

Outputs

Visualization and digitized documentation of a value stream with static KPIs:

Standardized report of simulation results:

This project has received funding from the European Union’s Horizon 2020 Framework Programme, DT-ICT-07-2018-2019 “Digital Manufacturing Platforms for Connected Smart Factories” topic, under Grant Agreement ID 873111