TY - GEN
T1 - Multinational business optimization
T2 - International Annual Conference of the American Society for Engineering Management 2015, ASEM 2015
AU - Telukdarie, Arnesh
AU - Maistry, Ugan
N1 - Publisher Copyright:
© American Society for Engineering Management, 2015.
PY - 2015
Y1 - 2015
N2 - Current developments in technology together with the global village concept have contributed to large international corporates becoming a reality. Growth and centralization, results in the agglomeration of cultures, geographical locations, business units and specialized divisions into a "perceived" single unit. Total business optimization requires the enablement of all business process from the smallest operational unit to corporate, from inbound, in process to outbound functions inclusive of total business management. On a global optimization view the two dimensions of delivery include "shop floor to top floor" and "global, end to end" perspectives. The current operations of individual production units, independent of global subsidiaries are a distinct challenge as independent operations divert the potential of global assets/supply optimisation. Crucially is the fact that research, technology development, asset optimisations, planning, corporate (strategy, investment planning, and finance), supply chain and other function of large multinationals are usually centralised. These central functions operate independently with crucial dependencies on operational, site to global, information. The current practice of manual/paper base information is limited specifically to human dependencies such as, obtainability, accuracy, time, and interpretation. These key issues result in a multidimensional and multilayer challenge of total business optimization. Total business optimization must include, but not be limited to, production, supply chain, human resources, finance, Information management, plant control, research, technology development, together with sales and distribution. The additional complexity of multisite operations must also be included in order to achieve true global, end to end, optimization. There has been development in deployment of limited solutions but replication and accelerated delivery can only be addressed via a standardized approach. This research proposes a standardization, global system approach to this challenge from Enterprise Resource Planning through manufacturing systems down to instrumentation.
AB - Current developments in technology together with the global village concept have contributed to large international corporates becoming a reality. Growth and centralization, results in the agglomeration of cultures, geographical locations, business units and specialized divisions into a "perceived" single unit. Total business optimization requires the enablement of all business process from the smallest operational unit to corporate, from inbound, in process to outbound functions inclusive of total business management. On a global optimization view the two dimensions of delivery include "shop floor to top floor" and "global, end to end" perspectives. The current operations of individual production units, independent of global subsidiaries are a distinct challenge as independent operations divert the potential of global assets/supply optimisation. Crucially is the fact that research, technology development, asset optimisations, planning, corporate (strategy, investment planning, and finance), supply chain and other function of large multinationals are usually centralised. These central functions operate independently with crucial dependencies on operational, site to global, information. The current practice of manual/paper base information is limited specifically to human dependencies such as, obtainability, accuracy, time, and interpretation. These key issues result in a multidimensional and multilayer challenge of total business optimization. Total business optimization must include, but not be limited to, production, supply chain, human resources, finance, Information management, plant control, research, technology development, together with sales and distribution. The additional complexity of multisite operations must also be included in order to achieve true global, end to end, optimization. There has been development in deployment of limited solutions but replication and accelerated delivery can only be addressed via a standardized approach. This research proposes a standardization, global system approach to this challenge from Enterprise Resource Planning through manufacturing systems down to instrumentation.
KW - Business optimization
KW - Multinationals
KW - Systems
UR - http://www.scopus.com/inward/record.url?scp=84963719074&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:84963719074
T3 - International Annual Conference of the American Society for Engineering Management 2015, ASEM 2015
SP - 379
EP - 387
BT - International Annual Conference of the American Society for Engineering Management 2015, ASEM 2015
A2 - Ng, E.-H.
A2 - Long, S.
A2 - Squires, A.
PB - American Society for Engineering Management
Y2 - 7 October 2015 through 10 October 2015
ER -