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The Influence Of Globalisation And Modern Technological Changes On Manufacturing Industries In Libya

Journal: International Journal of Scientific & Technology Research (Vol.6, No. 5)

Publication Date:

Authors : ;

Page : 49-55

Keywords : Globalisation; Modern Technological; Manufacturing Industry; Development of Employee; Libya;

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Abstract

Globalisation and new technologies are having an intense impact on the manufacturing industries. This is affecting business global and might demand new strategies and policies for manufacturing companies. Libya like several other countries in the Middle East and also is among the few developing African economies has been facing problems related to its productivity in industrial sector. Manufacturing industries in Libya was reared to offer better products and services as part of the government plans to reconstruct their economy and improve its industrial companies. So as to face these problems manufacturing sectors need to increase their production and they also require a clear strategy and policies towards an efficient supply chain about modern technology. A new technology is one of the improvement initiatives that can be used to enhance industrial performance competitiveness and decrease its costs by eliminating of waste and increasing added value activities. The significance of new technology and modern systems in the industrial world has enhanced in this decade because of the benefits that they bring to the factories and companies. The aims of this research is to investigate new technology strategies that will enable the Libyan manufacturing industries to shift towards an increase production and reduce its costs as well as to quantify the modern technological changes and the role of globalisation in addition to declaration of its effect on the growth additionally development of the Libyan industrial sector and competitiveness lastly moreover this survey make a recommendations to establish systems that improve the emergent needs of the national industrial sector.

Last modified: 2017-06-11 23:01:23