Cloud Manufacturing: A New Cloud Computing Model in Operations Management

Abstract

Together with information and communications technology, the concept of management and business conducting has been changing. Cloud computing, as one of those new technologies, gives dynamic services to businesses through the Internet. Cloud Computing makes the service reachable from everywhere, everytime with the pay-as-you-go system. It requires less management effort and workflow could be managed with less communication. As a business function, similar developments has been observed in operations management field. One of the new Technologies is Cloud Manufacturing system which has been developed under Cloud Computing applications. Aim of this new model is providing benefits like lower costs and higher performances, or increasing the market entry speed for businesses. In this study, conceptual structure of Cloud Manufacturing and the advantages has been investigated. Lastly, a business model has been presented that explains the logic flow and can be used as a road map for businesses.