Product variety management.

Abstract: A great challenge facing industry today is managing variety throughout the entire products life cycle. Drivers of products variety, its benefits, pre-requisites and associated complexity and cost are presented. Enhancing consumers’ value through variety and approaches for achieving it efficiently including modularity, commonality and differentiation are discussed. Variant-oriented manufacturing systems paradigms, as enablers of product variety, and the effective co-development of variants and their manufacturing systems to ensure economic sustainability are reviewed. Industrial applications and guidelines to achieve economy of scope with advantages of economy of scale are discussed. Perspectives and insights on future research in this field are offered. [Copyright &y& Elsevier]