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Advanced manufacturing technology investment: criteria for organizational choice and appraisal

Martin Putterill (The University of Auckland, Auckland, New Zealand)
William Maguire (The University of Auckland, Auckland, New Zealand)
Amrik S. Sohal (Monash University, Melbourne, Australia)

Integrated Manufacturing Systems

ISSN: 0957-6061

Article publication date: 1 October 1996

Abstract

Argues that as opportunities arise for companies to exploit new markets, a critical issue is how firms should be organized to cope with innovation and competition in a fast moving business environment. Suggests changes to organizational procedures with the potential to deal with complex investment decisions better. Based on theory, surveys and practice, these include changes to the traditional role of financial analysis, extending the capital investment process to one which combines strategic and financial management considerations. Puts forward a set of criteria which should be met once advanced manufacturing technology practices have been recognized.

Keywords

Citation

Putterill, M., Maguire, W. and Sohal, A.S. (1996), "Advanced manufacturing technology investment: criteria for organizational choice and appraisal", Integrated Manufacturing Systems, Vol. 7 No. 5, pp. 12-24. https://doi.org/10.1108/09576069610129865

Publisher

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MCB UP Ltd

Copyright © 1996, MCB UP Limited