Abstract
Overview
Introduction
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
- 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.
Report Highlights
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 Purchase
- 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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