MANUFACTURING and by doing so we are laying the foundations for improved productivity going forward .” Philips ’ segmented business streams model is made up of a number of key elements , but essentially comes down to the notion that its business can be optimised by being broken into logical segments . Each of these exhibit different characteristics , and lends itself to one of a limited number of specific supply models , where the trade-offs are optimum .
The key building blocks of this model consist of introducing the segmented business streams in particular formal , differentiated , and aligned supply policies . Further factors taken into account are the supply models portfolio , product platforms ( in support of late stage configuration ) and end-to-end analytics . By concentrating the number of product platforms at its disposal ( with the end-goal of narrowing them down to 10 ‘ core ’ platforms , Philips is intending to support configuring its luminaires in the latter stages of production . Adams says : “ We focused on building a vertically integrated ecosystem alongside our suppliers and customers in order to further shorten time from innovation to market , not to mention the lead time for order fulfilment . We also established alternative logistics models in order to shorten end to end lead times .”
Philips also utilises end-to-end analytics to manage trade-offs using total cost of ownership ( TCO ). Adams says : “ We are designing
Additive manufacturing is being introduced as a key enabler to late stage configuration , and also as a way of producing low volume components on demand
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