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Abstract

To effectively compete with “Third World” countries and their very low Labour costs, we require to produce goods of a higher quality, lower cost and on shorter leadtimes. This can be achieved, in many instances, if we strategically apply A.M.T. to consciously provide a “Competitive Edge”.

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References

  • Primrose, P.L. and Leonard, R. “Evaluating the ‘Intangible’ Benefits of Flexible Manufacturing Systems by use of Discounted Cash Flow Algorithms Within a Comprehensive Computer Program”, Proc Instn Mech Engrs Vol 199 No B1, 1985

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  • Kaplan, R.S., “Must CIM be justified by Faith Alone”,’Harvard Business Review, March-April 1986.

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K. Rathmill

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© 1986 Springer-Verlag Berlin Heidelberg

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Hunter, A.A. (1986). Justifying FMS to provide a competitive edge. In: Rathmill, K. (eds) Proceedings of the 5th International Conference on Flexible Manufacturing Systems. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-38009-3_38

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  • DOI: https://doi.org/10.1007/978-3-662-38009-3_38

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-662-37279-1

  • Online ISBN: 978-3-662-38009-3

  • eBook Packages: Springer Book Archive

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