Some people are excited about the potential and transformative functionality of new technologies, but others feel more threatened by things like automation in design and construction.
and with a. degree of understanding of the economics.I decided to create a simple economic model.
to test this idea..scale of unit operations would change the.financial return (NPV).
a portfolio of new pharmaceutical products.I started with the basis that each new product would follow one of four trajectories of sales.
The first would be that it hit a base demand.
, the second 1.5 x base demand, the third 0.5 x base demand and the fourth did not get launched or sold at all or 0.Knowledge capture allows reuse of learning from project to project, promotes standardisation, and allows us to trace decisions through the life cycle of a project.. We will see how Chip Thinking® plays an important role in applying these principles.. What are Chips?.
Chips are the smallest meaningful part of the processes that make up a supply chain.Chips are sets of interacting or interdependent components, plus all the data that goes into them.
They bring to life all data and stakeholder knowledge in one place, using a common language, so that everyone can understand every aspect.. Chips become the building blocks for our design.They also become the building blocks for conversations between the people dealing with business strategy and those people dealing with design and implementation of the pharmaceutical engineering project.. We start off with the analysis of the business problem and then generate design elements.
(Editor: Smart Cookware)