Integrated manufacturing: developing your strategy |
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Affiliation: | 1. Wuhan National Laboratory for Optoelectronics, Huazhong University of Science and Technology, Wuhan, Hubei 430074, China;2. State Key Lab of Digital Manufacturing Equipment and Technology, Huazhong University of Science and Technology, Wuhan, Hubei 430074, China;1. International Institute of Finance, School of Management, University of Science and Technology of China, 96 Jinzhai Road, Hefei, Anhui, 230026, China;2. College of Business, Florida State University, P.O. Box 3061110, Tallahassee, FL, 32306-1110, USA |
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Abstract: | This paper argues the need for flexibility, in the form of integrated manufacturing (IM), in order to compete effectively in today's highly volatile business environment. It seeks to clarify a definition of IM and reviews the benefits gained, the obstacle encountered and explains how to develop an IM strategy by adopting a structured planning process. The key issues are consolidated by reviewing the use of IM planning in two very different companies. |
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