What does CIM stand for?
What does CIM stand for? A CIM stands for Confidential Information Memorandum and represents an overview business document for selling company used in mergers and acquisitions at investment banks process.
What does CIM stand for in Information Technology?
CIM (Computer-Integrated Manufacturing) The integration of manufacturing operations by integrating human systems, information systems and manufacturing systems. The goal of such systems is to combine electronically the systems and functions necessary to manufacture products more effectively.
What does CIM mean in Design Technology?
Computer-integrated manufacturing (CIM) refers to the use of computer-controlled machineries and automation systems in manufacturing products. CIM combines various technologies like computer-aided design (CAD) and computer-aided manufacturing (CAM) to provide an error-free manufacturing process that reduces manual labor and automates repetitive ...
What is CIM in VMware?
CIM is an open standard that defines a framework for agent-less, standards-based monitoring of hardware resources for ESXi hosts. This framework consists of a CIM object manager, often called a CIM broker, and a set of CIM providers. CIM providers support management access to device drivers and underlying hardware.
Which software is used in CIM?
CAE (computer-aided engineering) CAM (computer-aided manufacturing) CAPP (computer-aided process planning) CAQ (computer-aided quality assurance)
When was CIM first used?
'CIM' or Computer Integrated Manufacturing was coined in early 80's. Big picture was to integrate product design to various manufacturing processes with software and computers and using standardized protocols when transferring data between computers (MAP, Manufacturing Automation Protocol).
What is CIM and its benefits?
The sole objective of computer-integrated manufacturing is to streamline production processes, delivering the following benefits: Reduced costs – i.e. the cost of direct and indirect labour. Improved scheduling flexibility. Reduced downtime. Maintaining correct inventory levels.
What are the components of CIM?
Computer Integrated Manufacturing (CIM) system has several key components: an automated storage and retrieval system (ASRS), at least one automated workstation such as CNC machining, a continuous-loop conveyor, a central management control station, a TCP/IP communication network, and OpenCIM software.
Who made CIM?
CIM ORIGIN The term computer-integrated manufacturing was coined by Dr. Joseph Harrington in his 1974 book bearing that name. Until the 1970s, the most aggressive and successful automation was seen in production operations.
Who founded CIM Group?
CIM GroupFounded1994FounderShaul Kuba Avi Shemesh Richard ResslerHeadquartersLos Angeles, CaliforniaNumber of employees1,000Websitewww.cimgroup.com
Who influenced Computer Integrated Manufacturing?
Computer Integrated Manufacturing is evolved by the seamless integration of CAD and CAM. Massachusetts Institute of Technology (MIT) has been a pioneer for the development of CAD and CAM. History goes back to the Second World War when the US Air Force was not able to meet the challenges during late 40's and early 50's.
When did the digital manufacturing concept become prominent?
1970'sExplanation: The concept of 'digital manufacturing' became prominent in the early 1970's. It became famous after the release of the book “Computer Integrated Manufacturing” written by Dr. Joseph harrington.
What is the purpose of CIM?
Additionally, CIM plays a key role in gathering relevant, real-time data from the production floor. For instance, to optimize efficiency, CIM can monitor the operational performance of vital equipment.
What is CIM in manufacturing?
In straightforward terms, CIM is the technique of using computers to control an entire production process. It’s commonly used by factories to automate functions such as analysis, cost accounting, design, distribution, inventory control, planning and purchasing. These functions are often linked to a central, computer-controlled station ...
What are the challenges of CIM?
'One of the key challenges of computer-integrated manufacturing is damage prevention.'
How does CIM benefit manufacturing?
Ultimately, CIM can benefit manufacturing facilities two-fold: 1) By improving the overall production process. 2) By improving the skillset of the current workforce.
What are the benefits of CIM?
Arguably the biggest benefit of CIM is the increase in output capacity it brings. Manufacturing enterprises can go from concept to completion in rapid time, meaning they can produce more in shorter timeframes, which has a positive impact on profitability, customer retention and attracting new customers.
Why are manufacturing functions linked to a central computer controlled station?
These functions are often linked to a central, computer-controlled station to enable efficient materials handling and management, while delivering direct control and monitoring of all operations simultaneously. Essentially, every individual piece of a manufacturing process including engineering, production and marketing is organized.
What is the objective of computer integrated manufacturing?
The sole objective of computer-integrated manufacturing is to streamline production processes, delivering the following benefits:
What is the purpose of CIM?
The banker prepares the CIM and uses it as a marketing document, which is intended to make the company look attractive as the objective is “ not just to sell, but to sell for maximum value. ” The reason an investment banker.
Who Prepares the Offering Memorandum?
When any company goes through a sale process, it hires an investment banker or M&A advisory firm. The first step of the banker is to understand the company and gather as much information as possible from top management to come up with a profile of the company.
Is CIM a pitch book?
CIM is NOT: It’s NOT a Pitch Book. A Pitch Book contains the credentials of the banker (rather than the Target) and is used by bankers as marketing material to solicit business. It is NOT a legally binding contract between the buyer and seller. It does NOT contain any specific information on the exact valuation.
What is a CIM?
In this article. The Common Information Model (CIM) is an extensible, object-oriented data model that contains information about different parts of an enterprise. The CIM is a cross-platform standard maintained by the Distributed Management Task Force ( DMTF ). Through WMI, a developer can use the CIM to create classes that represent hard disk ...
What is CIM in business?
The CIM also uses a technique called "association" to link different parts of the enterprise model together, and uses schemas to distinguish different management environments. The CIM is designed to present a consistent view of logical and physical objects in a management environment. The CIM represents managed objects using an object-oriented ...
What is the difference between CIM and Win32?
The CIM schema contains the definitions for the core and common classes , while the Win32 schema contains the definitions for the extended classes that are common to the Win32 environment. However, a third-party vendor can create their own schemas to describe vendor-specific requirements.
What is a WMI schema?
Finally, WMI supports the concept of schemas. In the context of WMI, a schema is a group of classes that describe a particular management environment. The Microsoft Windows Software Development Kit (SDK) uses two schemas: the CIM schema and the Win32 schema. The CIM schema class names begin with CIM_, and the Win32 schema class names begin with Win32_. The CIM schema contains the definitions for the core and common classes, while the Win32 schema contains the definitions for the extended classes that are common to the Win32 environment. However, a third-party vendor can create their own schemas to describe vendor-specific requirements. Because schemas are designed to be infinitely extensible, a developer can always add new classes to describe new managed objects in an existing environment. For simplicity, however, most vendors choose to create schemas that inherit properties from the CIM or Win32 schemas.
What is WMI in Windows?
However, WMI includes an extension to the CIM that describes the Microsoft Windows operating system platforms. The CIM defines three levels of classes: Core. Core classes represent managed objects that apply to all areas of management.
What is a CIM class?
The CIM represents managed objects using an object-oriented construct called a "class.". Like a C++ or COM class, a CIM class can include properties to describe data and methods to describe behavior. Like a set of COM classes, the CIM is not tied to any platform.
What is CIM in programming?
The CIM is a language-independent programming model that uses object-oriented techniques to describe an enterprise. Using three levels of parent/child inheritance, the CIM can describe both general and specific aspects of an enterprise. The CIM also uses a technique called "association" to link different parts of the enterprise model together, ...
What is CIM in engineering?
CIM is a combination of different applications and technologies like CAD, CAM, computer-aided engineering, robotics, manufacturing resource planning and enterprise management solutions. It can also be considered as an integration of all enterprise operations that work with a common data repository.
What is CIM in manufacturing?
CIM is a manufacturing approach that provides a complete automation of a manufacturing facility. All the operations are controlled by computers and have a common storage and distribution. The various processes involved in a CIM are listed as follows: Determining the efficient method for manufacturing by calculating the costs and considering ...
What are the components of CIM?
The major components of CIM are as follows: 1 Data storage, retrieval, manipulation and presentation mechanisms 2 Real-time sensors for sensing the current state and for modifying processes 3 Data processing algorithms
What Does Computer-Integrated Manufacturing (CIM) Mean?
Computer-integrated manufacturing (CIM) refers to the use of computer-controlled machineries and automation systems in manufacturing products. CIM combines various technologies like computer-aided design (CAD) and computer-aided manufacturing (CAM) to provide an error-free manufacturing process that reduces manual labor and automates repetitive tasks. The CIM approach increases the speed of the manufacturing process and uses real-time sensors and closed-loop control processes to automate the manufacturing process. It is widely used in the automotive, aviation, space and ship-building industries.
What does CIM stand for?
The CIM stands for Uniform Rules concerning the Contract of International Carriage of Goods by Rail. While its primary rules were laid out in the COTIF convention in 1980 in Bern, it has been modified over the years.
Where is the CIM note used?
The CIM note is used in most European countries and in several countries in Asia and Africa that are party to the COTIF convention. COTIF was established by the Intergovernmental Organization for International Carriage by Rail (OTIF).
What is the CIM consignment note?
The CIM consignment note (Rail Transport Document) is a document proving the conclusion of a transport contract with a railway undertaking. The contract is concluded when the railway undertaking accepts the shipment, and the dispatch station’s stamp (a date stamp) is placed on the consignment note. The consignment note is signed/stamped by the sender and the carrier. The CIM is not a Bill of Lading.
What is a CIM bill of lading?
The CIM is not a Bill of Lading. The CIM consists of five printouts: original consignment note for the receiver of the shipment (consignee) invoice for carrier and supplementary sheet for carriers who invoice intermediate section. arrival note/customs for destination customs office/destination carrier. duplicate of the consignment note ...
Can you move articles under CIM?
You cannot move under the CIM: articles the carriage of which is the postal authorities’ monopoly in any one of the territories in which the articles are moved. articles which, because of their dimensions, mass, or packaging, are not suitable for the carriage proposed, having regard to the installations or rolling stock of any one ...
Is the CIM valid in Eastern Europe?
The CIM is mainly used in Western Europe, while the SMGS is valid in Eastern Europe. Therefore, the CIM is translated into English, German, or French, whereas the SMGS is issued in Chinese or Russian, aside from the original one. Moreover, when moving dangerous goods under the SMGS, additional markings are used.
What is a CIM?
The Confidential Information Memorandum is part of the sell-side M&A process at investment banks. It’s also known as the Offering Memorandum (OM) and Information Memorandum (IM), among other names.
Why is CIM creation so tedious?
This CIM creation process is quite tedious for bankers because it consists of a lot of copying and pasting from other sources.
How Do You Read and Interpret the Confidential Information Memorandum in Private Equity and Other Buy-Side Roles?
You will receive A LOT of CIMs in most private equity roles, especially at middle-market and smaller funds.
What is CIM model?
The CIM is currently maintained as a UML model. It defines a common vocabulary and basic ontology for aspects of the electric power industry. The CIM models the network itself using the 'wires model'. This describes the basic components used to transport electricity. Measurements of power are modeled by another class.
What is CIM in electricity?
In electric power transmission and distribution, the Common Information Model ( CIM ), a standard developed by the electric power industry that has been officially adopted by the International Electrotechnical Commission (IEC), aims to allow application software to exchange information about an electrical network.
What is the CIM standard?
The standard that defines the core packages of the CIM is IEC 61970 -301, with a focus on the needs of electricity transmission, where related applications include energy management system, SCADA, planning and optimization. The IEC 61970-501 and 61970-452 standards define an XML format for network model exchanges using RDF.
What is SCL in CIM?
CIM and Substation Configuration Language (SCL) are developed in parallel under different working groups of IEC TC 57. Though both have the ability to exchange model and configuration information between different equipment or tools and use XML for storage, there are a lot of differences between both the standards.
What is CIM in metering?
CIM is broadly applied to enterprise integration and related information exchanges between systems including, but not limited to, EMS, DMS, Planning, Energy Markets and Metering, where SCL is limited to the exchange of data within substation equipment and tools.
What is the common information model?
Common Information Model (electricity) This article is about the standard for describing electric utilities. For the standard for IT environments, see Common Information Model (computing). In electric power transmission and distribution, the Common Information Model ( CIM ), a standard developed by the electric power industry ...
Can SCL be transformed into CIM?
There are applications that use both these standards and there will be significant improvements in interoperability and data exchange between the applications if SCL model can be transformed into CIM based models. Without the harmonization of these standards, the development and implementation of systems and applications will result in a significant amount of engineering and design that applies to only one implementation. The harmonization can be done by mixing equipment topological approach of CIM and functionality approach of SCL. IEC TC57 WG19 is involved in the harmonization CIM & SCL. This will involve the following steps
Who Prepares The Offering Memorandum?
Contents of A Confidential Information Memorandum
- An example table of contents for an offering memorandum: 1. Executive Summary 2. Investment Thesis 3. Overview of the Market 4. Overview of the Target Company 5. Products and Services 6. Revenue Profile 7. Employee Profile 8. Customer Profile 9. Financials – Historical and Projections 10. Management Structure Below is a detailed analysis of each section:
What A Confidential Information Memorandum Is Not
- As discussed above, a typical CIM will include all of the above information. But what is also important is to know what it is not about. CIM is NOT: 1. It’s NOT a Pitch Book. A Pitch Book contains the credentials of the banker (rather than the Target) and is used by bankers as marketing material to solicit business. 2. It is NOT a legally binding c...
Cim Case Study
- In 2011, Google bought Motorola. So what information did Google receive to make it decide to purchase Motorola for a whopping $12.5 billion? These things, that are not known in the public domain but are very important for any company to know, are contained in a document called a Confidential Information Memorandum (CIM). In any M&A deal, once the buyer and seller enter i…
Confidential Information Memorandum Template
- Here is a template you can download to get a basic idea of how an offering memorandum or confidential information memorandum is laid out. This template is only for educational purposes only and should not be used or relied upon in any way for any other use.
More Resources
- This has been a guide to how to write a confidential information memorandum (CIM). The downloadable MS Word Template would be a good illustration of the types of information included in an offering memorandum. To keep learning and advancing your career we highly recommend these additional resources and templates: 1. Letter of Intent (LOI) Template 2. Ter…