Measuring the Success/Failure Possibility of Advanced Manufacturing Technology Implementation in Indian SMEs: A Fuzzy MCDM Approach

Abstract

The purpose of this paper is to study the enablers for effective Advanced Manufacturing Technology
Implementation (AMT) in Indian Small Medium Enterprises (SMEs) by building the awareness of the critical
AMT Enablers (AMTEs) and measure the success/failure possibility of AMT implementation projects by
forecasting framework based on fuzzy multi criteria decision making (FMCDM). Further, a forecasting
framework based on the fuzzy multi-criteria decision making (FMCDM) approach was developed to help
organizations in building awareness of the critical AMTEs for the success of AMT implementation. FMCDM
method has been widely used to deal with decision making problems involving multiple criteria
evaluation/selection of alternatives. It helps organizations to build awareness of the critical AMTEs for
measuring the success possibility of AMT implementation. This study proposes a strategic model for the
effective implication of AMT in Indian SMEs. The creation of a generic AMT implementation model provides a
framework for a wider number of Indian SMEs to introduce AMT into their respective organizations, since it
provides for a systematic approach for Indian SMEs to introduce AMT in an efficient and effective manner. The
hierarchical method guides the manager to predict the possibility of implementing the probability of success and
failure in AMT implementation projects.