World Class Manufacturing Practices And Profitability

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World Class Manufacturing Practices and Profitability

Author : Surendra P. Agrawal
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis World Class Manufacturing Practices and Profitability by : Surendra P. Agrawal

Download or read book World Class Manufacturing Practices and Profitability written by Surendra P. Agrawal and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The performance impact of advanced manufacturing has received considerable attention in recent years. In this research, we define advanced manufacturing under the umbrella of world class manufacturing (WCM) and investigate whether there is causal relationship between the degree of WCM implementation and profitability. We collected a data set from 127 strategic business units (SBUs); six constructs of degree of WCM (degree of JIT implementation, TQC, state of technology, capacity utilization, and developmental activities, and competitive factors) and one construct of profitability were obtained, each reflected from a number of observable variables. The data were further purified and analyzed using linear structural relations (model). The results show strong positive impact of four WCM constructs on profitability; however, we do not find evidence of the impact of capacity utilization on profitability. We do not test for the impact of competitive factors construct on profitability because the indicators of this construct failed to correlate. We explain our findings and give recommendations for further research.

World Class Manufacturing

Author : Schonberger
Publisher : Simon and Schuster
ISBN 13 : 1471109720
Total Pages : 433 pages
Book Rating : 4.4/5 (711 download)

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Book Synopsis World Class Manufacturing by : Schonberger

Download or read book World Class Manufacturing written by Schonberger and published by Simon and Schuster. This book was released on 2012-12-11 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his best-selling book Japanese Manufacturing Techniques, Richard J. Schonberger revolutionized American manufacturing theory and, more important, practice. In that breakthrough book, he revealed that Japanese manufacturing excellence was not culturally bound. Offering the first demystified explanation of the simple techniques that fueled Japan's industrial success, he demonstrated how the same methods could be put to work as effectively in U.S. plants.

An Examination of the Relationship Among World-Class Manufacturing Practices, Non-Financial Performance Measures, and Firm Profitability

Download An Examination of the Relationship Among World-Class Manufacturing Practices, Non-Financial Performance Measures, and Firm Profitability PDF Online Free

Author : Rosemary Fullerton
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis An Examination of the Relationship Among World-Class Manufacturing Practices, Non-Financial Performance Measures, and Firm Profitability by : Rosemary Fullerton

Download or read book An Examination of the Relationship Among World-Class Manufacturing Practices, Non-Financial Performance Measures, and Firm Profitability written by Rosemary Fullerton and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-class manufacturing (WCM) emphasizes excellence through lean production practices of continuous improvement and is incorporated within the broad definitions of just-in-time (JIT) and total quality management (TQM). Increased profitability from implementation of these practices is generally assumed, yet empirical studies examining WCM practices and firm profitability report mixed results. One reason suggested for the lack of reported improved firm performance is the deficiency of management accounting systems to reflect appropriately operational improvements. This research examines whether the use of JIT and TQM, in conjunction with the use of non-financial performance tools for evaluating these practices, affects firm profitability. The survey data provide empirical evidence that investments in WCM practices of JIT and TQM, coupled with the complementary use of non-financial performance measurement tools, such as benchmarking and tracking manufacturing efficiency, contribute to higher financial performance.

Competing in World-class Manufacturing

Author : Craig Giffi
Publisher : McGraw-Hill Professional Publishing
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Competing in World-class Manufacturing by : Craig Giffi

Download or read book Competing in World-class Manufacturing written by Craig Giffi and published by McGraw-Hill Professional Publishing. This book was released on 1990 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here's the first book to give you a complete manufacturing strategy. Based on an in-depth study of the strategies and operating practices of dozens of leading manufacturers, this book describes a common framework for world-class manufacturers.

High Performance Manufacturing

Author : Roger G. Schroeder
Publisher : John Wiley & Sons
ISBN 13 : 0471008702
Total Pages : 321 pages
Book Rating : 4.4/5 (71 download)

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Book Synopsis High Performance Manufacturing by : Roger G. Schroeder

Download or read book High Performance Manufacturing written by Roger G. Schroeder and published by John Wiley & Sons. This book was released on 2002-03-14 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most thorough, valid set of findings on global manufacturing and winning practices worldwide This eye-opening resource sets a new standard for how manufacturing practices are viewed in today's business world. The results of an extensive research project spanning 164 factories in the United States, Japan, Germany, Italy, and the United Kingdom determine the best path to high performance manufacturing. This is one of the first books to offer comparisons of manufacturing in these five countries, addressing their current issues and providing insights that affect manufacturing worldwide. Researchers from such universities as the London Business School, Wake Forest University, Yokohama University, and the University of Minnesota detail how manufacturing leaders are raising the bar on practices in product development, organizational alignment, quality management, and more. Covering the vital areas of machinery, electronics, and auto components, they examine the most effective methods and techniques across a host of functions within manufacturing-looking at how everything from new technology and information systems to human resource practices and manufacturing strategy should be introduced into a plant environment to achieve high performance manufacturing. Using data from companies such as Texas Instruments, Honda, Sony, Prince, John Deere, and Caterpillar, High Performance Manufacturing takes a comprehensive view by showing how to select and integrate the practices that best fit a plant's particular situation-the most critical and difficult task to achieve in practice. With its strong research base and high caliber of contributors, this unique volume will inspire managers of any country or industry to set their own path to high performance manufacturing.

World Class Manufacturing: The Next Decade

Author : Richard J. Schonberger
Publisher : Simon and Schuster
ISBN 13 : 1439137145
Total Pages : 296 pages
Book Rating : 4.4/5 (391 download)

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Book Synopsis World Class Manufacturing: The Next Decade by : Richard J. Schonberger

Download or read book World Class Manufacturing: The Next Decade written by Richard J. Schonberger and published by Simon and Schuster. This book was released on 2010-05-11 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the invention of double-entry bookkeeping, managers have judged a company's worth by sales and profits. Now, Richard J. Schonberger, the architect of the worldwide Just-In-Time revolution, reaches beyond "financials" to redefine excellence -- and reveals, with new benchmark data, how pioneers become dynasties. Schonberger's pathbreaking new research reveals that, from 1950 to 1995, while "financials" dipped and soared repeatedly, industrial decline and ascendancy correlated perfectly with inventory turnover -- one of two key nonfinancial indicators and a bedrock measure, along with customer satisfaction, of a company's power, strength, and value. In this immensely readable book, he captures these new metrics -- the true predictions of future success -- in 16 customer-focused principles created from self-scored reports supplied by over 100 pioneering manufacturers in nine countries. Armed with new world-class benchmark data, Schonberger redefines excellence in terms of competence, capability, and customer-focused, employee-driven, data-based performance. For front-tine associates to senior executives, Schonberger has written manufacturing's action agenda for the next decade. This book will be indispensable reading for manufacturing and general managers in all industries, as well as for pension fund managers, institutional investors, stock analysts, and stockbrokers.

Beyond World-Class Productivity

Author : Shigeyasu Sakamoto
Publisher : Springer Science & Business Media
ISBN 13 : 1849962693
Total Pages : 241 pages
Book Rating : 4.8/5 (499 download)

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Book Synopsis Beyond World-Class Productivity by : Shigeyasu Sakamoto

Download or read book Beyond World-Class Productivity written by Shigeyasu Sakamoto and published by Springer Science & Business Media. This book was released on 2010-11-11 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the automotive industry to the semiconductor industry, manufacturers are suffering from an overabundance of automation methods that they cannot fully comprehend or afford, and glamorous leadership techniques that are simply not sustainable. In this respect, management has lost its way. Beyond World-Class Productivity shows why a return to traditional tools and the power of people can help companies meet today’s challenges in the manufacturing sector. Beyond World-Class Productivity gives readers a balance of essential information, theory and case studies. Readers can expect to gain new insights into engineering approaches to productivity, profitability and real or non-real gain, including: • useful tools for industrial engineering • effectiveness in unit labor costs; • feasibility studies • work simplification; and • developing mind innovation. Practical examples and their accompanying commentary come from the author’s 40 years of real-world experience on the shop floor and in the boardroom. Figures are also provided to illustrate actual productivity results from real companies. Both managers and engineers can appreciate Beyond World-Class Productivity as an enlightening guide to the improvement of productivity and profitability within the manufacturing sector.

An Analytical Study of Effect of World Class Manufacturing Practices

Author : Bhada Mohd Bilal Abubakar
Publisher : Netraj Book Publisher
ISBN 13 : 9781045470782
Total Pages : 0 pages
Book Rating : 4.4/5 (77 download)

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Book Synopsis An Analytical Study of Effect of World Class Manufacturing Practices by : Bhada Mohd Bilal Abubakar

Download or read book An Analytical Study of Effect of World Class Manufacturing Practices written by Bhada Mohd Bilal Abubakar and published by Netraj Book Publisher. This book was released on 2023-02-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The title of being "World Class Manufacturers" expresses a lot about the organizations' effort for being on global space and simultaneously be competitive. The benchmarks that these organizations set and achieves are targets for many. They have this docket in their pocket by displaying competitiveness in quality, price, delivery speed, delivery reliability, flexibility and innovation. World Class Manufacturing is one among the vide range concept covering many facets of production. Schonberger (1986) in hailed WCM as a term that comprehends the scope and magnitude of essential changes that happens in large manufacturing organizations. The term WCM is frequently interchanged with Competitiveness arising out of Manufacturing and hence for a firm to receive the tag, it has no other choice than remain competitive that is coupled with growth and sustained for a long time. The revenue generated are out of customer loyalty who appreciates high value provided in the offerings.

Performance Measurement for World Class Manufacturing

Author : Brian H. Maskell
Publisher : CRC Press
ISBN 13 : 9780915299997
Total Pages : 448 pages
Book Rating : 4.2/5 (999 download)

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Book Synopsis Performance Measurement for World Class Manufacturing by : Brian H. Maskell

Download or read book Performance Measurement for World Class Manufacturing written by Brian H. Maskell and published by CRC Press. This book was released on 1991-07-01 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: If your company is adopting world class manufacturing techniques, you'll need new methods of performance measurement to control production variables. In practical terms, this book describes the new methods of performance measurement and how they are used in a changing environment. For manufacturing managers, as well as cost accountants, it provides the theoretical foundation for these innovative methods and is supported by extensive practical examples.

Industrial Management- Control and Profit

Author : Gideon Halevi
Publisher : Springer
ISBN 13 : 3319034707
Total Pages : 280 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Industrial Management- Control and Profit by : Gideon Halevi

Download or read book Industrial Management- Control and Profit written by Gideon Halevi and published by Springer. This book was released on 2014-05-21 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents controlling tools for management in order to be in a position to communicate with control engineers concerning technological decisions. The main objective of manufacturing management is to make profit. However, in traditional manufacturing systems none of the separate stages in the process support this objective. Management is not expert in any of these stages and therefore is dependent on specific experts at each stage and must follow their decisions. Each stage has its own first priority which is not profit and cost. This means that management does not have real control over these functional stages, nor over the process as a whole. This book presents controlling tools for management in order to allow them to communicate better with the experts of the particular manufacturing stages to reach better results and higher profits. It is shown that most enterprises can improve their efficiency rate by between 25 and 60% by using the tools developed here.

The Impact of World-class Manufacturing Practices on Small Manufacturers

Author : David K. Johnson
Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.:/5 (516 download)

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Book Synopsis The Impact of World-class Manufacturing Practices on Small Manufacturers by : David K. Johnson

Download or read book The Impact of World-class Manufacturing Practices on Small Manufacturers written by David K. Johnson and published by . This book was released on 2001 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Manufacturing for Competitive Advantage

Author : Thomas G. Gunn
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Manufacturing for Competitive Advantage by : Thomas G. Gunn

Download or read book Manufacturing for Competitive Advantage written by Thomas G. Gunn and published by . This book was released on 1987 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Taking Control:A Simple Approach to World-Class Manufacturing

Author : Morris Holland
Publisher : Lulu.com
ISBN 13 : 148341549X
Total Pages : 87 pages
Book Rating : 4.4/5 (834 download)

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Book Synopsis Taking Control:A Simple Approach to World-Class Manufacturing by : Morris Holland

Download or read book Taking Control:A Simple Approach to World-Class Manufacturing written by Morris Holland and published by Lulu.com. This book was released on 2014-08-27 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking Control The book that bridges the gap between the shop floor, engineering, and management. Written in simple to understand language, Taking Control takes you step by step to turn average performance into world-class performance. Read stories of individuals and how they met and overcame challenges to be their best. Test your knowledge using the workbook and study guide.

Innovative Design, Analysis and Development Practices in Aerospace and Automotive Engineering (I-DAD 2018)

Author : U. Chandrasekhar
Publisher : Springer
ISBN 13 : 9811327181
Total Pages : 553 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Innovative Design, Analysis and Development Practices in Aerospace and Automotive Engineering (I-DAD 2018) by : U. Chandrasekhar

Download or read book Innovative Design, Analysis and Development Practices in Aerospace and Automotive Engineering (I-DAD 2018) written by U. Chandrasekhar and published by Springer. This book was released on 2018-12-20 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers the best articles presented by researchers and industrial experts at the International Conference on “Innovative Design and Development Practices in Aerospace and Automotive Engineering (I-DAD 2018)”. The papers discuss new design concepts, analysis and manufacturing technologies, with an emphasis on achieving improved performance by downsizing; improving the weight-to-strength ratio, fuel efficiency, and operational capability at room and elevated temperatures; reducing wear and tear; and addressing NVH aspects, while balancing the challenges of Euro IV/Barat Stage IV emission norms and beyond, greenhouse effects, and recyclable materials. The innovative methods discussed here offer valuable reference material for educational and research organizations, as well as industry, encouraging them to pursue challenging projects of mutual interest.

Implementing World Class Manufacturing

Author : Larry Rubrich
Publisher : Wcm Associates
ISBN 13 :
Total Pages : 460 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Implementing World Class Manufacturing by : Larry Rubrich

Download or read book Implementing World Class Manufacturing written by Larry Rubrich and published by Wcm Associates. This book was released on 1998 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:

WCOM (World Class Operations Management)

Author : Carlo Baroncelli
Publisher : Springer
ISBN 13 : 3319301055
Total Pages : 280 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis WCOM (World Class Operations Management) by : Carlo Baroncelli

Download or read book WCOM (World Class Operations Management) written by Carlo Baroncelli and published by Springer. This book was released on 2016-05-03 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with World Class Operations Management (WCOM), detailing its principles, methods and organisation, and the results that this approach can bring about. Utilising real-world case studies illustrated by companies that have adopted this model (interviews with Saint-Gobain, L’Oréal, Tetra Pak, Bemis, and Bel Executives), it describes common patterns drawn from decades of hands-on experience, so as to present a theoretical approach together with the concrete application of its principles. WCOM, adopted by several multinational companies, is one of the more innovative management practises, as it integrates the best Continuous Improvement approaches (Lean, Total Productive Management, World Class Manufacturing) as well as the most innovative approaches in human dynamics like Change Leadership, Performance Behavior, Shingo Model, to name a few. Every book’s chapter has been authored by an expert in these different fields, thus revealing the synergy among the different practices, which is one of the distinguishing and successful aspects of WCOM Maximising reader insights into the successful implementation of such an approach, and explaining not only its potentialities, but also its implementation dynamics, the critical points and the ways it can be integrated into different situations, this book is also about how to create a culture of excellence that is sustainable over a long period of time and delivers consistent (or ever-improving) results.

World Class Pricing

Author : Paul Hunt
Publisher : iUniverse
ISBN 13 : 1475980388
Total Pages : 213 pages
Book Rating : 4.4/5 (759 download)

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Book Synopsis World Class Pricing by : Paul Hunt

Download or read book World Class Pricing written by Paul Hunt and published by iUniverse. This book was released on 2013-04-02 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: WORLD CLASS PRICING is the indispensable roadmap to take your pricing organization from its' current class to World Class. It is built upon the 5 Levels of World Class Pricing – what has become the industry standard for tackling pricing improvement amongst pricing professionals. The approach to pricing improvement shared in this book has been successfully applied by many of the worlds’ leading companies including Exxon Mobil, GE, Michelin and J&J, among a host of others. It provides a positive vision of each step that needs to be taken on the journey to pricing improvement. Whether stuck firefighting at Level 1, cost-based pricing at Level 2, utilizing value-based pricing at Level 3, applying optimization at Level 4, or on the brink of achieving World Class at Level 5, this book has something for you.