Modern Manufacturing and “world-class manufacturing” are often used interchangeably. Establishing Manufacturing Competitiveness is considered equivalent to being a world-leader in “world-class manufacturing.” In other words, manufacturing competitiveness means sustained growth and earnings through building customer loyalty — by creating high value products — in very dynamic global markets. During the last decade, a number of modernization programs have been launched by many industries, such as in Newport News Shipbuilding, NEC, IBM, GM, FORD, dealing with how a company does its business, focussing on business processes and information usage in the manufacturing environment. Programs, such as enterprise reengineering, multidimensional integration of engineering, manufacturing and logistics practices have resulted in far reaching changes and profit. These changes could not have been possible without process tools like Concurrent Engineering (CE) and Continuous Acquisition and Life-cycle Support (CALS — earlier known as “Computer-aided Acquisition and Logistics Support) in action [Ross, 1992]. Attributes such as empowerment, flexibility, total quality management, agility, fast-to-market, accountability, teamwork, and integration are inherent in the notion of modern manufacturing.
KeywordsEurope Marketing Assure Expense Product Line
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