Strategic Decision Making in Modern Manufacturing

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 effec

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Strategic Decision Making in Modern Manufacturing Harinder Singh jagdev University of Manchester Institute of Science and Technology (UMIST) United Kingdom

Attracta Brennan

National University of Ireland Republic of Ireland

Jimmie Browne National University of Ireland Republic of Ireland



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SPRINGER SCIENCE+ BUSINESS MEDIA, LLC

Additional material to this book can be downloaded from http://extras.springer.com

Library of Congress Cataloging-in-Publication Data A C.I.P. Catalogue record for this book is available from the Library of Congress. Strategic Decision Making in Modem Manufacturing Edited by Harinder Singh Jagdev, Attracta Brennan, and Jimmie Browne ISBN 978-1-4613-5040-8 ISBN 978-1-4615-0365-1 (eBook) DOI 10.1007/978-1-4615-0365-1

Copyright© 2004 by Springer Science+Business Media New York Originally published by Kluwer Academic Publishers in 2004 Softcover reprint of the hardcover 1st edition 2004 All rights reserved. No part of this work may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, microfilming, recording, or otherwise, without written permission from the Publisher (Springer Science+Business Media, LLC), with the exception of any material supplied specifically for the purpose ofbeing entered and executed on a computer system, for exclusive use by the purchaser of the work.

Printed on acid-free paper. Cover art designed by Attracta Brennan.

To: In the loving memory of my parents Balbir Singh and Prakash Kaur

-I am sure we'll meet again

Hardeep, Harjit and EG (my bobykins)

- The gleams of sunshine of my life

My parents Matt & Mona and Des, Elena, Bernie and David

- You have left footprints on my heart

Maeve, Lorcan, Shane, Ronan and Fergus

- They give meaning and perspective to my life

Jab Tun Aaya Jagat Mein, Log Hanse Tu Roye Aise Kami Na Kari, Pache Hanse Sab Koye

- Kabir

Contradictions do not exist. Whenever you think that you are facing a contradiction, check your premises. You will find that one of them is wrong. - Ayn Rand (Atlas Shrugged)

Contents

Preface Acknowledgements About the Authors Chapter 1 Strategic Management in the Global Marketplace 1.1 An Overview of Information Technology (IT) 1.2 Organisations and the Global Marketplace 1.3 Management and Strategy 1.4 Conclusions Chapter 2 Performance Measurement 2.1 Introduction 2.2 Performance Measurement 2.3 Traditional Performance Measurement Systems 2.4 Contemporary Performance Measurement Systems 2.5 Evaluation Criteria for Performance Measurement Systems 2.6 A Review of Performance Measurement Systems 2.7 Developing a Performance Measurement Strategy 2.8 Performance Measurement in Extended Manufacturing 2.9 Conclusion Chapter 3 Overview of the AMBIT Approach 3.1 Introduction 3.2 The Importance of Manufacturing Strategy 3.3 World Class Manufacturing 3.4 The Extended Enterprise Framework 3.5 The Virtual Enterprise Framework 3.6 The Extended Products Framework 3.7 The Thinking behind the AMBIT Approach 3.8 Overview of the AMBIT App