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Manufacturing Strategies to Counter Production Pressures
Datamonitor, April 2006, Pages: 12
As manufacturing becomes more global, low-cost regions are seeing manufacturers come under increasing competition and margin pressure as they try to keep pace with shortening customer demand cycles.
Scope of this title: - Looks at strategies such as lean manufacturing as a method to reduce the impact of market pressures. - Concepts such as demand driven manufacturing are highlighted as manufacturers try to increase business agility.
Highlights of this title: Manufacturers are turning to multiple strategies to improve their production performance. Among these, lean initiatives have proved to be some of the most popular. By removing excess waste from processes, manufacturers can theoretically operate at a more efficient level.
Manufacturers have traditionally employed a formulaic approach to forecasting future demand. This has required businesses to often overproduce as they try to offset the impact of unexpected demand. Demand based forecasting is a concept that is not new to the manufacturing industry, yet has proved difficult to implement in the past.
Reasons to order your copy: - Understand how manufacturers are using lean strategies to lessen the impact of market pressures. - See how demand driven manufacturing can affect manufacturing business and drive revenues.
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