Lead Time Reduction — Manufacturing Strategy in Sweden
The Swedish economy has entered a state of increasing turbulence and decreased certainty over the last five years. The economic outlook for the Swedish government is increasingly gloomy, although exports are reaching record volumes. Politically, the previously unaffiliated Swedes joined the European Union in 1995, which favoured parts of the economy (mainly those relying on exports), while other parts experienced increased competition (e.g., the agricultural sector). In the midst of the turbulence of the early 1990s, a majority of Swedish industrial manufacturers have embarked on a change route, aiming towards increased competitiveness and flexibility. The main driver for the transformation is time-based competition, the reduction of lead-times together with organisational redesign.
KeywordsLead Time Customer Order Competence Development Swedish Company Manufacturing Strategy
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