The Knowledge Framework on Decision Making of Plant Entrepreneurial Status - Case Study of Northern Region Industrial Estate, Lumphun, Thailand
Résumé
In order to prevent further business relocation, this paper proposes an integrated framework based on supply chain to analyze enterprises' decision making for plant situations and to enhance manufacturing performance. The application of this study is placed upon manufacturers located in the industrial estate region of Lumphun province, Thailand. Data collection and some literature review were used to identify the factors that influence industrial investment. The Supply Chain Operations Reference (SCOR) model was used to define the parameters, which were then used in Arena simulation. The simulation will describe factors that affect on manufacturing performance in industries. The need on the analysis of risks adopt for the supply chain assessment with the case study. The application of proposal with a sample of companies of this area showed the risk analysis on plant's investment. The risks identification and assessment on their likelihood advantaged for identify the ability on investment. From this result, the importance of mitigating risk in supply chain and the effectiveness on supply chain collaboration are introduced for manufacturing improvement and prevent further business relocation.