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The purpose of this paper is to help industrial managers monitor and analyze critical performance indicators in real time during the execution of business processes by proposing a visualization technique using an extended formal concept analysis (FCA). The proposed approach monitors the current progress of ongoing processes and periodically predicts their probable routes and performances.

FCA is utilized to analyze relations among patterns of events in historical process logs, and this method of data analysis visualizes the relations in a concept lattice. To apply FCA to real‐time business process monitoring, the authors extended the conventional concept lattice into a reachability lattice, which enables managers to recognize reachable patterns of events in specific instances of business processes.

By using a reachability lattice, expected values of a target key performance indicator are predicted and traced along with probable outcomes. Analysis is conducted periodically as the monitoring time elapses over the course of business processes.

The proposed approach focuses on the visualization of probable event occurrences on the basis of historical data. Such visualization can be utilized by industrial managers to evaluate the status of any given instance during business processes and to easily predict possible subsequent states for purposes of effective and efficient decision making. The proposed method was developed in a prototype system for proof of concept and has been illustrated using a simplified real‐world example of a business process in a telecommunications company.

The main contribution of this paper lies in the development of a real‐time monitoring approach of ongoing processes. The authors have provided a new data structure, namely a reachability lattice, which visualizes real‐time progress of ongoing business processes. As a result, current and probable next states can be predicted graphically using periodically conducted analysis during the processes.

The purpose of this paper is to investigate whether the quality of the credit process is sensitive to reaching a particular threshold level of non-performing loans (NPLs) and, more importantly, whether higher NPLs ratios could make the monitoring activity ineffective.

The empirical design is composed of two steps: in the first step, the authors introduce a monitoring performance indicator (MPI) of the credit process by combining the non-parametric technique Data Envelopment Analysis with some financial ratios adopted as input and output variables. As second step, the authors apply a threshold panel regression model to a sample of 298 Italian banks, over the time period 2006–2014, and the authors investigate whether the quality of the credit process is sensitive to reaching a particular threshold level of NPLs.

This paper finds that, first, when the NPLs ratio remains below the threshold value estimated endogenously, an increase in the quality of monitoring has a positive impact on the NPLs ratio. Second, if the NPLs ratio exceeds the estimated threshold, the relationship between the NPLs ratio and quality of monitoring assumes a positive value and is statistically significant.

Due to the lack of data, the investigation of NPLs in the Italian industry across loan types combined with the monitoring effort by banks management was not possible. The authors plan to investigate this topic in future studies.

The identification of the threshold has a double operational valence. The first regards the Supervisory Authority, the threshold approach could be used as an early warning in order to introduce active control strategies based on the additional information requested or by on-site inspections. The second implication is highlighted in relation to the individual banks, the monitoring of credit control quality, if objective and comparable, could facilitate the emergence of best practices among banks.

A high NPLs ratio requires greater loan provisions, which reduces capital resources available for lending, and dents bank profitability. Moreover, structural weaknesses on banks’ balance sheets still persist particularly in relation to the inadequate internal governance structures. This means that bank management must able to recognise in advance early warning signals by providing prudent measurement together with an in-depth valuation of loans portfolio.

The originality of the paper is twofold: the authors introduce a new proxy of credit monitoring, called MPI; the authors provide an empirical proof of the Diamond’s (1991) economic intuition: for riskier borrowers, the monitoring activity is an inappropriate instrument depending on the bad reputational quality of borrowers.

In order to meet the requirements of 6σ management and to overcome the deficiencies of the theory for using the pre-control chart to evaluate and monitor quality stability, the purpose of this paper is to probe into the quality stability evaluation and monitoring guidelines of small batch production process based on the pre-control chart under the conditions of the distribution center and specifications center non-coincidence (0<ɛ≤1.5σ), the process capability index C _p ≥2 and the virtual alarm probability α=0.27 percent.

First, the range of the quality stability evaluation sampling number in initial production process is determined by using probability and statistics methods, the sample size for the quality stability evaluation is adjusted and determined in initial production process according to the error judgment probability theory, and the guideline for quality stability evaluation has been proposed in initial production process based on the theory of small probability events. Second, the alternative guidelines for quality stability monitoring and control in formal production process are proposed by using combination theory, the alternative guidelines are initially selected based on the theory of small probability events, a comparative analysis of the guidelines is made according to the average run lengths values, and the monitoring and control guidelines for quality stability are determined in formal production process.

The results obtained from research indicate that when the virtual alarm probability α=0.27 percent, the shifts ɛ in the range 0<ɛ≤1.5σ and the process capability index C _p ≥2, the quality stability evaluation sample size of the initial production process is 11, whose scondition is that the number of the samples falling into the yellow zone is 1 at maximum. The quality stability evaluation sample size of the formal production process is 5, and when the number of the samples falling into the yellow zone is ≤1, the process is stable, while when two of the five samples falling into the yellow, then one more sample needs to be added, and only if this sample falls into the green zone, the process is stable.

Research results can overcome the unsatisfactory 6σ management assumptions and requirements and the oversize virtual alarm probability α of the past pre-control charts, as well as the shortage only adaptable to the pre-control chart when the shifts ɛ=0. And at the same time, the difficult problem hard to adopt the conventional control charts to carry out process control because of a fewer sample sizes is solved.

The purpose of this paper is to build a monitoring scheme in order to detect and subsequently eliminate abnormal behavior of the concerned casting process so as to produce worm wheels with good quality characteristics.

In this a study, a process monitoring strategy has been devised for a centrifugal casting process using data-based multivariate statistical technique, namely, partial least squares regression (PLSR).

Based on a case study, the PLSR model constructed for this study seems to mimic the actual process quite well which is evident from the various performance criteria (predicted and analysis of variance results).

The practical implication of the study involves development of a software application with a back-end database which would be interfaced with a computer program based on PLSR algorithm for estimation of model parameters and the control limit for the monitoring chart. It would help in easy and real-time detection of faults.

This study concerns the application of a PLSR-based monitoring strategy to a centrifugal casting process engaged in the production of worm wheel.

The purpose of this paper is to demonstrate industrial Internet of Things (IIoT) solution to improve the equipment condition monitoring with equipment status data and process condition monitoring with plasma optical emission spectroscopy data, simultaneously. The suggested research contributes e-maintenance capability by remote monitoring in real time.

Semiconductor processing equipment consists of more than a thousand of components, and unreliable condition of equipment parts leads to the failure of wafer production. This study presents a web-based remote monitoring system for physical vapor deposition (PVD) systems using programmable logic controller (PLC) and Modbus protocol. A method of obtaining electron temperature and electron density in plasma through optical emission spectroscopy (OES) is proposed to monitor the plasma process. Through this system, parts that affect equipment and processes can be controlled and properly managed. It is certainly beneficial to improve the manufacturing yield by reducing errors from equipment parts.

A web-based remote monitoring system provides much of benefits to equipment engineers to provide equipment data for the equipment maintenance even though they are physically away from the equipment side. The usefulness of IIoT for the e-maintenance in semiconductor manufacturing domain with the in situ monitoring of plasma parameters is convinced. The authors found the average electron temperature gradually with the increase of Ar carrier gas flow due to the increased atomic collisions in PVD process. The large amount of carrier gas flow, in this experimental case, was 90 sccm, dramatically decreasing the electron temperature, which represents kinetic energy of electrons.

Semiconductor industries require high level of data security for the protection of their intellectual properties, and it also falls into equipment operational condition; however, data security through the Internet communication is not considered in this research, but it is already existing technology to be easily adopted by add-on feature.

The findings indicate that crucial equipment parameters are the amount of carrier gas flow rate and chamber pressure among the many equipment parameters, and they also affect plasma parameters of electron temperature and electron density, which directly affect the quality of metal deposition process result on wafer. Increasing the gas flow rate beyond a certain limit can yield the electron temperature loss to have undesired process result.

Several research studies on data mining with semiconductor equipment data have been suggested in semiconductor data mining domain, but the actual demonstration of the data acquisition system with real-time plasma monitoring data has not been reported. The suggested research is also valuable in terms of high cost and complicated equipment manufacturing.

The swivel construction method is a specially designed process used to build bridges that cross rivers, valleys, railroads and other obstacles. To carry out this construction method safely, real-time monitoring of the bridge rotation process is required to ensure a smooth swivel operation without collisions. However, the traditional means of monitoring using Electronic Total Station tools cannot realize real-time monitoring, and monitoring using motion sensors or GPS is cumbersome to use.

This study proposes a monitoring method based on a series of computer vision (CV) technologies, which can monitor the rotation angle, velocity and inclination angle of the swivel construction in real-time. First, three proposed CV algorithms was developed in a laboratory environment. The experimental tests were carried out on a bridge scale model to select the outperformed algorithms for rotation, velocity and inclination monitor, respectively, as the final monitoring method in proposed method. Then, the selected method was implemented to monitor an actual bridge during its swivel construction to verify the applicability.

In the laboratory study, the monitoring data measured with the selected monitoring algorithms was compared with those measured by an Electronic Total Station and the errors in terms of rotation angle, velocity and inclination angle, were 0.040%, 0.040%, and −0.454%, respectively, thus validating the accuracy of the proposed method. In the pilot actual application, the method was shown to be feasible in a real construction application.

In a well-controlled laboratory the optimal algorithms for bridge swivel construction are identified and in an actual project the proposed method is verified. The proposed CV method is complementary to the use of Electronic Total Station tools, motion sensors, and GPS for safety monitoring of swivel construction of bridges. It also contributes to being a possible approach without data-driven model training. Its principal advantages are that it both provides real-time monitoring and is easy to deploy in real construction applications.

African regional integration and market-building processes have not lived up to their expectations in terms of the development of intra-regional international business and the contribution to reaching broader socioeconomic development goals. The purpose of this paper is to critically reflect on the indicator-based monitoring tools that have been designed and used to assess these processes.

The assessment is based on a comparative analysis of all relevant cases for which information is publicly available. Complementary expert opinion has also been taken into account.

This study finds that there is room for improvement of the existing monitoring systems, both with respect to their governance and technical aspects, so that they can have more impact on the respective integration processes and can better guide the business strategies.

This is the first systematic comparative assessment of indicator-based monitoring systems for African regional integration.

Construction schedule delays and quality problems caused by construction errors are common in the field of prefabricated buildings. The effective monitoring of the construction project process is one of the key factors for the success of a project. How to effectively monitor the construction process of prefabricated building construction projects is an urgent problem to be solved. Aiming at the problems existing in the monitoring of the construction process of prefabricated buildings, this paper proposes a monitoring method based on the feature extraction of point cloud model.

This paper uses Trimble X7 3D laser scanner to complete field data collection experiments. The point cloud data are preprocessed, and the prefabricated component segmentation and geometric feature measurement are completed based on the PCL platform. Aiming at the problem of noisy points and large amount of data in the original point cloud data, the preprocessing is completed through the steps of constructing topological relations, thinning, and denoising. According to the spatial position relationship and geometric characteristics of prefabricated frame structure, the segmentation algorithm flow is designed in this paper. By processing the point cloud data of single column and beam members, the quality of precast column and beam members is measured. The as-built model and as-designed model are compared to realize the visual monitoring of construction progress.

The experimental results show that the dimensional measurement accuracy of beam and column proposed in this paper is more than 95%. This method can effectively detect the quality of prefabricated components. In the aspect of progress monitoring, the visualization of real-time progress monitoring is realized.

This paper proposed a new monitoring method based on feature extraction of the point cloud model, combined with three-dimensional laser scanning technology. This method allows for accurate monitoring of the construction process, rapid detection of construction information, and timely detection of construction quality errors and progress delays. The treatment process based on point cloud data has strong applicability, and the real-time point cloud data transfer treatment can guarantee the timeliness of monitoring.

The purpose of this paper is to present an exploratory study in order to understand the contributions of the resilience engineering (RE) concept and the use of unmanned aerial systems (UASs) technology to support the safety planning and control (SPC) process.

A case study on a construction project was conducted and involved the following steps: diagnosis of the SPC process; development of a safety monitoring protocol using UASs; and field tests to monitor safety performance using UASs and data analysis.

In terms of its theoretical contribution, this work presents a conceptual framework explaining how the RE and the UASs can contribute to the SPC process. Also, this paper provides, as a practical contribution, a protocol for safety monitoring with UASs integrated into the safety routine, highlighting the tasks that can be checked and unsafe conditions and safety/production conflicts identified through monitoring.

This study can be used to support and stimulate the construction managers who wish to adopt the RE concepts and UAS technology to improve safety management.

An efficient SPC process can improve the work conditions at construction sites, contributing with the reduction of accidents rates.

The paper highlights the need to adopt new approaches, as RE concepts and UAS technology to support the SPC process, in order to improve safety conditions at construction sites.

Modern production facilities produce large amounts of data. The computational framework often referred to as big data analytics has greatly improved the capabilities of analyses of large data sets. Many manufacturing companies can now seize this opportunity to leverage their data to gain competitive advantages for continuous improvement. Six Sigma has been among the most popular approaches for continuous improvement. The data-driven nature of Six Sigma applied in a big data environment can provide competitive advantages. In the traditional Six Sigma implementation – define, measure, analyze, improve and control (DMAIC) problem-solving strategy where a human team defines a project ahead of data collection. This paper aims to propose a new Six Sigma approach that uses massive data generated to identify opportunities for continuous improvement projects in a manufacturing environment in addition to human input in a measure, define, analyze, improve and control (MDAIC) format.

The proposed Six Sigma strategy called MDAIC starts with data collection and process monitoring in a manufacturing environment using system-wide monitoring that standardizes continuous, attribute and profile data into comparable metrics in terms of “traffic lights.” The classifications into green, yellow and red lights are based on pre-control charts depending on how far a measurement is from its target. The proposed method monitors both process parameters and product quality data throughout a hierarchical production system over time. An attribute control chart is used to monitor system performances. As the proposed method is capable of identifying changed variables with both spatial and temporal spaces, Six Sigma teams can easily pinpoint the areas in need to initiate Six Sigma projects.

Based on a simulation study, the proposed method is capable of identifying variables that exhibit the biggest deviations from the target in the Measure step of a Six Sigma project. This provides suggestions of the candidates for the improvement section of the proposed MDAIC methodology.

This paper proposes a new approach for the identifications of projects for continuous improvement in a manufacturing environment. The proposed framework aims to monitor the entire production system that integrates all types of production variables and the product quality characteristics.