A knowledge-based system for plant sustainability using multi-criteria analysis: A case study of Thailand

Many critical challenges of economic growth in Thailand and high competition among neighbouring countries have resulted in the offshore of foreign direct investments (FDIs). These unwelcome circumstance leads to economic problems in northern provinces, affecting people's income and social probl...

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Bibliographic Details
Main Authors: Reeveerakul,N., Ouzrout,Y., Chakpitak,N., Bouras,A.
Format: Article
Published: Inderscience Enterprises Ltd. 2015
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Online Access:http://www.scopus.com/inward/record.url?partnerID=HzOxMe3b&scp=84875655055&origin=inward
http://cmuir.cmu.ac.th/handle/6653943832/39243
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Institution: Chiang Mai University
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Summary:Many critical challenges of economic growth in Thailand and high competition among neighbouring countries have resulted in the offshore of foreign direct investments (FDIs). These unwelcome circumstance leads to economic problems in northern provinces, affecting people's income and social problems. To address the issues associated with FDIs' potential relocation, divestment or transfer of plant, this paper considers plant as a product of FDIs which needs to be managed to promote sustainability and mitigate the potential impacts of transfer, relocation or divestmenton the local economy. Thus the research aims to provide the necessary tools to assist FDIs within Northern Region Industrial Estate (NRIE), Thailand to become sustainable. An integrated framework is proposed as a tool for FDIs to achieve sustainable plant. The framework is based on three main aspects: 1 finance 2 supply chain and infrastructure 3 worker performance with two levels of analysis; static and dynamic. To validate the knowledge framework, the application of this study is placed upon manufacturers located in NRIE, Lumphun province, Thailand. Copyright © 2012 Inderscience Enterprises Ltd.