Plant Economic Modelling

Develop plant economic models for current operations, and growth scenarios according to business plans, to forecast optimal plant and economic configurations for supply and demand

Type

Functional

Competency Area

Supply Chain and Production Planning Management

Levels

Develop plant economic models to optimise supply chain processes

Develop plant economic models to optimise plant efficiency and effectiveness

Develop capacity models in line with growth or decline scenarios

Apply a range of data analysis techniques to determine data sources for plant economic modelling and to analyse results from the model

Conduct sensitivity analysis on modelling options and scenarios

Develop and present management reports and recommendations for plant economic modelling and process optimisation improvements

Evaluate plant economic models to review plant capacities for growth scenarios and for business strategies

Analyse and review plant economic models to optimise plant efficiency and effectiveness in line with enterprise resource planning plans

Develop a range of static and dynamic models of plants for management review

Support project teams on plant economic optimisation strategies and technologies

Predict consumption patterns in advance and advise adjustment of capacities

Review capacity models in line with growth or decline scenarios

Review sensitivity analysis on modelling options and scenarios

Review recommendations for economic modelling and process optimisation improvements