Risk evaluation for industrial smart product-service systems: An integrated method considering failure mode correlations

Wenyan Song, Jianing Zheng, Zixuan Niu, Qun Wang, Yuqi Tang, Pai Zheng

Research output: Journal article publicationJournal articleAcademic researchpeer-review

11 Citations (Scopus)

Abstract

Industrial smart product-service systems (ISPS2) is a complex and dynamic ICT-based ecosystem of value co-creation among stakeholders, making the ISPS2 implementation a demanding and risky process. Previous studies often use Failure Modes and Effects Analysis (FMEA) approach to identify potential risks of failure modes to ensure successful implementation of ISPS2. However, previous FMEA methods assumed independence between potential failure modes (FMs). Moreover, the previous FMEA methods omit the propagation of the impact of FMs with different initial importance in an ISPS2, which will influence the result accuracy of risk evaluation. To solve these problems, a novel FMEA based on strength-influence analysis of FMs is provided. The proposed method not only considers the attenuation effect of failure mode impact but also the correlation between FMs. To verify the effectiveness of the proposed method, this research applies it to the case of the smart 3D printing service system.

Original languageEnglish
Article number101734
JournalAdvanced Engineering Informatics
Volume54
DOIs
Publication statusPublished - Oct 2022

Keywords

  • Failure modes and effects analysis
  • Industrial Smart Product-Service Systems (ISPS)
  • Risk correlation
  • Risk evaluation
  • Risk impact propagation

ASJC Scopus subject areas

  • Information Systems
  • Building and Construction
  • Artificial Intelligence

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