Becoming a Better Value Creator: How to Improve the Company's Bottom Line--and Your Own

Multiple Value-Creation Perspectives

Traditionally, Procurement and Manufacturing are functions that have been positioned largely in the Control quadrant of the Wholonics model. This makes the development of multiple value creation perspectives quite challenging for these functions. During much of the post–World War II era, the Procurement and Manufacturing functions in most organizations were driven by two simple goals—improve quality and lower cost. During the 1970s and 1980s, Japanese manufacturers (particularly in the automobile industry) added another goal—reducing manufacturing cycle time, or increasing speed. Value drivers were identified ...