Manufacturing technology selection: a supply chain perspective
Farooq, Sami (2007) Manufacturing technology selection: a supply chain perspective. PhD thesis, University of Nottingham.
This thesis describes a technology selection framework for manufacturing technology selection. Technology selection has been identified as a major area of decision making in a company's manufacturing strategy and is highlighted as a manufacturing objective that can provide competitive advantage to a company. The research identifies the emergence of global supply chains as a major phenomenon that has revolutionised the global business environment. Considering the presence of global supply chains and their ever increasing importance the research has proposed a process for manufacturing technology selection keeping in view the supply chain perspective. The technology selection framework introduces the concept of risk evaluation of available technology alternatives for strategic technology selection. The risk associated with technology alternatives is evaluated in the shape of opportunities and threats. The decision making environment for technology selection is divided in a way to consider intra as well as inter-organisational factors. The classification of the decision making environment, inclusion of risk calculations and consideration of a supply chain perspective enables the developed technology selection framework to thoroughly evaluate a technology alternative before its strategic selection.
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