Production processes : type of product strategyPresentation Transcript
Are used to make everything that we buy
ranging from the apartment building in
which we live to the ink pens with which
Lean manufacturing is a business
philosophy, which focused on
eliminating waste and empowering
workers, reduced inventory and
Standard components are produced in
anticipation of demand.
Once an order is received, components can be
combined in different ways to accommodate
different customer specs.
Apply lean manufacturing to decrease the
time required to assemble finished goods.
Products/services that are made to customer’s
specs but only after an order is received.
Product/service is customized
The firm has the items in
parts and it needs to be
assembled according to
This is based on Customer
specification, the firm
makes the product and
supply it to them.
Firm will work with the customer to design the
product, and then make a purchased materials, parts
This strategy determines what materials will
be required and what steps will be required
Positioning Inventory in the Supply Chain
Customer Lead Time
Customer order decoupling point