E3 Journal of Business Management and Economics
E3 Journal of Business Management and Economics Vol. 2 (3) pp. 089-097, September 2011; © E3 Journals; ISSN 2141-7482
Critical success factors for technology selection specifically ROBOTS
Farzad Tahriri * , Zahari TahaCenter for product Design and Manufacturing (CPDM), Industrial and Manufacturing Department, Faculty of Engineering, University Malaya (UM), Malaysia
*Corresponding Author E-mail: Farzad_Tahriri@Hotmail.com
Accepted 1 August 2011
Abstract
The immense competition in the global market has made it utterly difficult for businesses, especially manufacturers to improve and develop. To cope with this huge competition, manufacturers have no choice but to adopt new technology to develop and be competitors. Their goals and objectives can be satisfied by the application of Advance Manufacturing Technology (AMT). This paper assists managers of the industry in considering all the important criteria for various AMT selections, when purchasing new technology. In addition, it helps those, interested in buying robots, to adopt and apply the necessary criteria.
Keywords: Advanced Manufacturing Technology(AMT), Robot selection, Technology.
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