Experts opine that production excellence can provide companies, the much desired competitive edge against their competitors. Production excellence can enable manufacturers to offer high quality products at competitive prices with the shortest possible lead time, that leads to greater customer satisfaction through continuous improvement of their processes. In the quest to achieve production excellence, several management thinkers and practitioners have made significant contributions to improve productivity, enhance quality and reduce cost; that quest has led to the emergence of many new manufacturing approaches. These approaches are aimed at reducing the wastage in manufacture, which will create more value. In the above context, this book aims at capturing some of the new approaches to manufacturing that will help manufacturers face market competition and match the customer expectations efficiently.
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