Integrating Budgeting Models into APS Systems in Batch Chemical Industries

摘要

This work is our proposal for a new conceptual approach to include in enterprise management systems. It addresses simultaneous integration of the supply chain outflows with scheduling and budgeting in short term planning in batch chemical process industries. A cash flow and budgeting model coupled with an advanced planning and scheduling (APS) procedure is the key of the advance. The model development made in this paper and the results suggest that a new conceptual approach in enterprise management systems consisting of the integration of the enterprise finance models with the company operations model is a must to improve overall earnings.