An emerging theory of negative loss formation within manufacturing operations
| Autor: | R. C. Barker |
|---|---|
| Rok vydání: | 1998 |
| Předmět: |
Consumption (economics)
business.industry Strategy and Management Management Science and Operations Research Industrial and Manufacturing Engineering Business environment Identification (information) Manufacturing Value (economics) Economics Time compression Manufacturing operations Profitability index Marketing business Industrial organization |
| Zdroj: | International Journal of Production Research. 36:1293-1304 |
| ISSN: | 1366-588X 0020-7543 |
| DOI: | 10.1080/002075498193327 |
| Popis: | This paper reflects upon six years of research by the author in application of Time Compression and Cell Implementation within British manufacturing industry. The benefits which arise from the application of these concepts to eliminate waste are, it is argued, derived principally from the minimization of time consumption in all forms. In today's business environment this is vitally important since profitability and price premiums are controlled by economic conditions. Indeed all organizations add value and incur negative loss in parallel during the material conversion chain; however, it is the removal of negative loss, which appears to support all major competitive issues. Discussion within the paper surrounds the identification of the large number of variables which contribute to negative loss within the manufacturing organization and its value adding chain. These are more complex than at first envisaged and span many company functions ultimately testing the educational capability, calibre and vision of ... |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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