Industrial & Feasibility Studies

GLC services include conducting industrial and feasibility studies as follows:

1.      Survey Studies. GLC consultants can assist you to execute efficient and valid survey studies through careful planning of activities and required resources, as well as close monitoring of the execution; especially during the data collection stage. The accurate definition of the study objectives, design, and proper data gathering; whether through surveys (manual or electronic), focus groups, or one-on-one interviews; assure valid (accurate) results. GLC approach includes the communication and engagement of all those impacted throughout the study lifecycle in order to increase buy-in and implementation of results.

2.      Computer Simulation Studies. Computer Simulation (CS) studies involve building a computer representation (model) of a system or a process for the purpose of investigating various operation strategies.  This computer modeling of the system provides the following advantages: experiment with systems without disturbing them, experiment with systems under hypothetical conditions, experiment with nonexistent systems, try changes that may be politically sensitive, experiment with a system over a long period in a short time, and save time and money. Applications of CS studies include deciding on the location and capacity of service outlets, manpower scheduling and distribution, and capacity planning.

3.      Design of Experiment Studies. An experiment is an investigation carried out under controlled conditions in order to discover an unknown effect or law, or to test or establish a hypothesis.   Design of Experiments (DOE) provides various tools to carry out this investigation in the most efficient time, and cost effective way.  DOE studies support decisions at the technical level; including to evaluate and compare alternatives, improve product robustness, improve process yield, reduce variability, reduce development time, and reduce overall costs. Applications of DOE studies extend to all types of organizations; including petroleum, healthcare, environmental, etc.

4.      Technical and Economic Feasibility Studies. Technical and Economic Feasibility (TEF) studies are used to support decision making on investment initiatives, required capital, and proper timings to inject capital. A TEF study consist of detailing the business or investment venture; including the product and management involves. It also includes exploration of the market potentials, competition, and sales forecast. Finally, it involves financial analysis which includes initial and operational costs estimation as well as preparation of financial projections using pro forma income statements and cash flows.