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Content archived on 2024-06-18

An extended Value Chain model for performance Prediction and Optimisation of product and process Lifecycles for SMEs

Objective

At any moment in time, the decision makers within SMEs have a wide range of development opportunities available to them to advance the competitive position of their firm. These opportunities typically include development of new products or the improvement of their process performance. However, it is very difficult to determine, ex-ante, to which combination of improvement opportunities they should devote resources in order for the firm to maximise its performance. The ValuePOLE project is focused on delivering a Model, an ICT Tool and a Methodology to answer this challenge for the SME decision maker so that they can maximise their competitive position with the minimum investment of resources. ValuePOLE, delivers - a new Predictive Performance tool for SMEs, to maximise value creation in the entire product, process life cycles. (ValuePOLE will maximise value creation by providing an infrastructure for the ex-ante, i.e. before the event, prediction of performance outcomes in planned innovations). - a model for performance Prediction and Optimisation of the product and process Lifecycles in SME value chains. - a methodology that goes ‘beyond lean’ in that it enables organisations to better deploy its resources to be both operationally effective through the selective application of improvement methodologies to current organisational configurations for today’s customers as well as strategically flexible in the adaptation of new configurations of products, processes, technologies, competencies, and systems that enable the satisfaction of tomorrow’s customers. ValuePOLE will support organisations for improvements in processes and innovations in products based on either existing or new technologies.

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-SME-2007-1
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

BSG-SME - Research for SMEs

Coordinator

UNIVERSITY OF LIMERICK
EU contribution
€ 51 520,00
Address
NATIONAL TECHNOLOGICAL PARK, PLASSEY
- Limerick
Ireland

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Region
Ireland Southern Mid-West
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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Participants (7)

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