Article

Key Success Factors for Implementation of Advanced Manufacturing Technologies (AMTs)-Case Study Conducted on Selected Pharmaceutical Companies in Bangladesh

American International University-Bangladesh, Office of Research and Publications (ORP), AIUB Bus Econ Working Paper Series 01/2008;
Source: RePEc

ABSTRACT This paper analyzes the key factors that affect implementation of Advanced Manufacturing Technologies (AMTs) in some selected pharmaceutical companies in Bangladesh. In this regard, we go through literature review to identify success factors for implementation and based on the literature review a framework is established to examine the key success factors. We conduct a questionnaire survey to collect necessary primary information. The information is then analyzed using statistical methods namely one way analysis of variance and multiple pairwise comparisons. From the result of the analysis we draw a conclusion and provided some suggestions in context. From the research, it is found that employee motivation, degree of availability of training program, employee relation and cooperation, existence of an employee education & training program prior to implementation, safety of performing job, need for team members to be familiar with the new technology, degree of management commitment and support, degree of financial support, and availability of skill is the key factors that affect successful implementation of AMTs.

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    ABSTRACT: The objective of this study is to assess the critical factors which influence adoption of Advanced Manufacturing Technologies (AMTs) and identify hurdles and barriers which prevent small- and medium-sized enterprises (SMEs) from accomplishing the desired goals of AMTs utilization. The proposed framework has synthesized previous studies and integrated related studies through conducting a comprehensive literature review. This paper is a theoretical construction that synthesizes previous studies, and centers on three contexts (Environmental, Organizational, and Technological) which influence adoption of AMTs. This model can provide managers with practical solutions through granting in-depth understanding of whole internal, external, and technological environments, and awarding empirical insight into overcoming barriers to the adoption and implementation of AMT and other process innovations in manufacturing organizations.
    Journal of Technology Management and Innovation 12/2012; 7(4):112-120.

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