The way forward for operations strategy." The Financial Times,
The first is that food and machine tools are fundamental to national security. Without an industry that manufactures and distributes food, a nation is very vulnerable if it is isolated due to a conflict; and in such situations, without machine tools (machines that make machines), the hardware that drives the economy will grind to a halt.
Even if you are not in the manufacturing business yourself, it is important that you understand manufacturing issues so you will be successful with your suppliers, clients, or others who might be in the manufacturing sector.
What are our customers' most important requirements? Of course, efficiency does matter in the end, but it does not come first: the task of the manufacturer is not efficiency per se, it is efficiency in delivering what the customer wants.
The first is that food and machine tools are fundamental to national security. Without an industry that manufactures and distributes food, a nation is very vulnerable if it is isolated due to a conflict; and in such situations, without machine tools (machines that make machines), the hardware that drives the economy will grind to a halt.
Even if you are not in the manufacturing business yourself, it is important that you understand manufacturing issues so you will be successful with your suppliers, clients, or others who might be in the manufacturing sector.
What are our customers' most important requirements? Of course, efficiency does matter in the end, but it does not come first: the task of the manufacturer is not efficiency per se, it is efficiency in delivering what the customer wants.
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