Strategic Decision Making in Modern Manufacturing

Strategic Decision Making in Modern Manufacturing
Author :
Publisher : Springer Science & Business Media
Total Pages : 275
Release :
ISBN-10 : 9781461503651
ISBN-13 : 1461503655
Rating : 4/5 (51 Downloads)

Synopsis Strategic Decision Making in Modern Manufacturing by : Harinder Singh Jagdev

Strategic Decision Making in Modern Manufacturing introduces and explains the AMBIT (Advanced Manufacturing Business ImplemenTation) approach, which has been developed to bridge the gap between strategic management considerations and the operational effects of technology investment decisions on the manufacturing organisation, so that the likely impact of new manufacturing technology and/or programme implementations can be evaluated, anticipated and accurately predicted. The AMBIT approach focuses specifically on the non-financial aspects of such investment decisions and offers an approach that allows a manager, or more frequently a management team, to understand the impacts of a new technology or a new programme on the manufacturing organisation in terms of manufacturing performance.

Strategic Decision Making for Sustainable Management of Industrial Networks

Strategic Decision Making for Sustainable Management of Industrial Networks
Author :
Publisher : Springer Nature
Total Pages : 185
Release :
ISBN-10 : 9783030553852
ISBN-13 : 303055385X
Rating : 4/5 (52 Downloads)

Synopsis Strategic Decision Making for Sustainable Management of Industrial Networks by : Jafar Rezaei

This book presents a diverse set of decision-making methodologies to solve some of the most important decisions that most organizations face today. It is an excellent demonstration of some great challenges in our society in the area of sustainability. These great challenges, ranging from sustainability in logistics to the use of renewable energies, needs to be urgently addressed. Sustainability has become one of the most important topics in management and many organizations are taking big steps towards sustainability. Organizations are attempting to use cleaner production technologies and renewable energies sources, to improve health and safety issues within their industries and the products and services they offer. These points involve several important strategic and managerial decisions, highlighted in this book. The book can be used by decision-makers and policy-makers as exemplary guidelines to solve sustainability problems.

The Fundamental Elements of Strategy

The Fundamental Elements of Strategy
Author :
Publisher : Springer Nature
Total Pages : 211
Release :
ISBN-10 : 9789813347137
ISBN-13 : 9813347139
Rating : 4/5 (37 Downloads)

Synopsis The Fundamental Elements of Strategy by : Xiu-bao Yu

This open access book clarifies confusions of strategy that have existed for nearly 40 years through the core thoughts of three fundamental elements. Unlike the traditional definition of strategy as "a plan to achieve a long-term goal from overall considerations”in a linear view, this book defines strategy from non-linear viewpoint as it is in the real world. The art of a strategy lies not only in the determination of development goals, but also in the identification of development problems and putting forward overall guiding ideology of solving problems. Rich illustrations as well as numerous business and military cases are presented in helping readers to understand the fundamental elements of strategy.The general scope of the book includes introductions to the three fundamental elements of strategy, three-sub decisions of a complete strategic decision, incomplete strategies, relationship between tactic and strategy, three elements of competitive and corporative strategies. There may be biases in company-level, real strategic decision-making which makes a complete strategy not necessarily a perfect one. The book introduces biases and reasons for the biases, helping industrial strategic decision-makers understand the importance of knowing the nature of the company, the industry and its environment. In addition, this book also presents principles and evaluation approaches of strategic decisions, explores the reasons for the excessive definitions of the strategy concept, and discusses directions of future’s research tasks.The book will benefit business managers who are interested in knowing what a complete strategic decision is and how to avoid errors or biases in strategic decision-making. It also benefits students in business schools (especially in MBA/EMBA programs) who are (or will be) on executive positions. Academic researchers may find it is interesting to understand strategy from the view of the three elements. The new view provides a novel insight into strategy and promotes several research directions in the future. The three elements of strategy are also applicable to military strategies and readers who are interested in military and may find its value as well.

Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods

Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods
Author :
Publisher : Springer Science & Business Media
Total Pages : 297
Release :
ISBN-10 : 9781447143758
ISBN-13 : 1447143752
Rating : 4/5 (58 Downloads)

Synopsis Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods by : R. Venkata Rao

Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods presents the concepts and details of applications of MADM methods. A range of methods are covered including Analytic Hierarchy Process (AHP), Technique for Order Preference by Similarity to Ideal Solution (TOPSIS), VIšekriterijumsko KOmpromisno Rangiranje (VIKOR), Data Envelopment Analysis (DEA), Preference Ranking METHod for Enrichment Evaluations (PROMETHEE), ELimination Et Choix Traduisant la Realité (ELECTRE), COmplex PRoportional ASsessment (COPRAS), Grey Relational Analysis (GRA), UTility Additive (UTA), and Ordered Weighted Averaging (OWA). The existing MADM methods are improved upon and three novel multiple attribute decision making methods for solving the decision making problems of the manufacturing environment are proposed. The concept of integrated weights is introduced in the proposed subjective and objective integrated weights (SOIW) method and the weighted Euclidean distance based approach (WEDBA) to consider both the decision maker’s subjective preferences as well as the distribution of the attributes data of the decision matrix. These methods, which use fuzzy logic to convert the qualitative attributes into the quantitative attributes, are supported by various real-world application examples. Also, computer codes for AHP, TOPSIS, DEA, PROMETHEE, ELECTRE, COPRAS, and SOIW methods are included. This comprehensive coverage makes Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods a key reference for the designers, manufacturing engineers, practitioners, managers, institutes involved in both design and manufacturing related projects. It is also an ideal study resource for applied research workers, academicians, and students in mechanical and industrial engineering.

Strategic Decision Making

Strategic Decision Making
Author :
Publisher : Springer Science & Business Media
Total Pages : 175
Release :
ISBN-10 : 9781852338640
ISBN-13 : 1852338644
Rating : 4/5 (40 Downloads)

Synopsis Strategic Decision Making by : Navneet Bhushan

Strategic Decision Making provides an effective, formal methodology that provides help with decision making problems, especially strategic ones with high stakes involving human perceptions and judgements. Focusing on applying the AHP to decision-making problems, Strategic Decision Making covers problems in the realms of business, defence and governance. Using case studies drawn from years of experience, the book discusses decision making for real life problems and includes many worked examples and solutions to problems throughout. The reader will gain comprehensive exposure to the extent of assistance that a formal methodology, such as AHP, can provide to the decision maker in evolving decisions in complex and varied domains.

Modern Manufacturing

Modern Manufacturing
Author :
Publisher : Springer Science & Business Media
Total Pages : 415
Release :
ISBN-10 : 9781447121015
ISBN-13 : 1447121015
Rating : 4/5 (15 Downloads)

Synopsis Modern Manufacturing by : Marek B. Zaremba

Manufacturers worldwide are faced with unprecedented challenges from international competition, changing production processes and technologies, shorter production life-cycles, market globalization and environmental requirements. Fundamental to meeting these challenges is the understanding and control of information across all stages of the Computer Integrated Manufacturing (CIM) process. Modern Manufacturing presents the state of the art in the information-oriented aspects of CIM and Intelligent Manufacturing Systems. Particular emphasis is placed on the impact of new software engineering technologies, the object-oriented approach, database design, hierarchical control and intelligent systems. The contributions are written by experts from Europe and the USA.

Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making

Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making
Author :
Publisher : IGI Global
Total Pages : 459
Release :
ISBN-10 : 9781799833536
ISBN-13 : 1799833534
Rating : 4/5 (36 Downloads)

Synopsis Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making by : Idemudia, Efosa Carroll

To date, a plethora of companies and organizations are investing vast amounts of money on the latest technologies. Information technology can be used to improve market share, profits, sales, competitive advantage, and customer/employee satisfaction. Unfortunately, the individuals meant to use these technologies are not well equipped on how to effectively and efficiently use these tools for competitive advantage and decision making. The Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making is a collection of innovative research relevant to the methodologies, theoretical frameworks, and latest empirical research findings in information technology applications, strategic competitive advantage, and decision making. While highlighting topics including agility, knowledge management, and business intelligence, this book is ideally designed for information technology professionals, academics, researchers, managers, executives, and government officials interested in using information technology for strategic competitive advantage and better decision making.

Handbook of Manufacturing and Supply Systems Design

Handbook of Manufacturing and Supply Systems Design
Author :
Publisher : CRC Press
Total Pages : 300
Release :
ISBN-10 : 9781466576476
ISBN-13 : 1466576472
Rating : 4/5 (76 Downloads)

Synopsis Handbook of Manufacturing and Supply Systems Design by : Bin Wu

Manufacturing Systems Management (MSM) is a functional domain that involves all of the activities for regulating and optimizing a manufacturing system as it progresses through its life cycle. These include the tasks of strategic analysis, design, implementation, operations and monitoring. Handbook of Manufacturing and Supply Systems Design:

Manufacturing and Supply Systems Management

Manufacturing and Supply Systems Management
Author :
Publisher : Springer Science & Business Media
Total Pages : 542
Release :
ISBN-10 : 9781447107538
ISBN-13 : 1447107535
Rating : 4/5 (38 Downloads)

Synopsis Manufacturing and Supply Systems Management by : B. Wu

In order to compete in an increasingly demanding market, many manufacturing companies have to redesign or restructure their manufacturing systems so that a set of coherent manufacturing strategies can be supported. So this book aims to provide a comprehensive treatment of manufacturing strategy analysis (MSA) and manufacturing systems design (MSD). The strategic concerns of manufacturing are linked to subsequent manufacturing systems design activities through the use of an effective MSA/MSD interface. Topics include: A structured approach to formulating manufacturing strategies; A set of linking processes to translate MSA concerns into relevant MSD action plans; Case studies. This book is intended to help graduates and industry-based professionals to make more informed decisions when working on system-design or redesign projects.

(R)Evolution

(R)Evolution
Author :
Publisher : Springer Science & Business Media
Total Pages : 562
Release :
ISBN-10 : 0387261257
ISBN-13 : 9780387261256
Rating : 4/5 (57 Downloads)

Synopsis (R)Evolution by : Rob Dekkers

(R)Evolution studies the adaptation of industrial organisations to the dynamics of the environment by drawing an analogy with evolutionary biology, by extensively studying literature in management science, and by case studies. These investigations have lead to the insight that companies might evolve slower than generally expected; they doubt the effect of reorganizations, as commonly practiced in industry. Additionally, this work proposes the model for the Innovation Impact Point, the model for the Dynamic Adaptation Capability, the model for Collaboration.