Turbulent times require creative thinking: new European concepts in production management

Article Abstract:

An intelligent growth based on creativity and self-initiative is the key to the survival of European enterprises. A company must fulfill five paradigms to achieve intelligent growth, but these must correspond to each other and followed together to attain the desired intelligent growth. These are concentration on needs of customers, a double strategy of growth and consolidation, creation of a high-performance organization, rapid prototyping in strategy development, and knowledge management. Likewise, there are five options for companies to achieve intelligent growth. These are retention of 'old'customers and enticement of new ones, diversification, product and technology innovation, new services, and global presence.

Production Management, Analysis, Corporate growth

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Innovative production structures - precondition for a customer-oriented production management

Article Abstract:

Manufacturers of different products face an international market that is becoming increasingly competitive. This strong competition has made it necessary for manufacturers to give high priority to product quality, product lifetime and cost optimization. Thus, 'lean production' has emerged as a guiding principle in most manufacturing firms, particularly for the automotive supplies industry.

Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automobile equipment and supplies industry, Economic aspects, Automotive parts industry, Automotive parts, Manufacturing processes, Manufacturing

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Paradigm change in production management: new lead concepts towards higher competitiveness in technology based enterprises

Article Abstract:

A new paradigm of production management was formulated to achieve greater competitiveness among technology based firms. The paradigm places all departments of a firm, such as marketing and research and development, on the level of added value chain. Such undertaking creates an environment that is customer and market oriented. It also establishes an improved manageable business units.

Motor vehicles and car bodies, Automobiles, Automobile Manufacturing, Research, Management, High technology industry

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