Manufacturing Strategy Paradigm

Manufacturing Strategy Paradigm

The twenty first century has brought about a paradigm shift in global

business with the emergence of China as the world 's manufacturing centre

and India as an outsourcing base with enormous economies .

The emergence of China and India as centers for manufacturing and

service activities with equal skills and fractional costs have changed

the business environment significantly and introduced huge challenges

for companies

from the west , both in manufacturing and in services .

http://www.epa.gov/lean/perfection.pdf

http://www.novelguide.com/a/discover/ebf_0002_0002_0/ebf_0002_0002_0_00207.html

The late 1970s and early 1980s saw the development of the manufacturing strategy paradigm by researchers at the Harvard Business School. This work focused on how manufacturing executives could use their factories' capabilities as strategic competitive weapons, specifically identifying how what we call the five P's of manufacturing management (people, plants, parts, processes, and planning) can be analyzed as strategic and tactical decision variables

http://hbr.org/product/corning-inc-consumer-products-group/an/UV0360-PDF-ENG?N=4294958507&Ntt=maunfacturing+strategy+paradigm&Nao=10

http://blogs.h

http://blogs.hbr.org/hbsfaculty/2011/03/how-social-networks-will-chang.html

http://www.businessdictionary.com/definition/paradigm.html

Manufacturing takes turns under all types of economic systems. In a free market economy, manufacturing is usually directed toward the mass production of products for sale to consumers at a profit. In a collectivist economy, manufacturing is more frequently directed by the state to supply a centrally planned economy. In free market economies, manufacturing occurs under some degree of government regulation.

Manufacturing Strategy Paradigm

Within the past twenty years the manufacturing industry has seen a paradigm shift from being “fat” to being “lean” to be competitive within their...