Publisher’s Message
FOR MANUFACTURING FIRMS, competing by implementing speed means finding ways to reduce lead times. While there has been much publicity about implementing speed in manufacturing, there remain many misconceptions about how to accomplish it. In fact, many key policies in use at manufacturing companies today are working against lead time reduction—and most managers don’t even realize it. This is where Quick Response Manufacturing (QRM) comes to the rescue. QRM is an expansion of the time-based competition (TBC) strategy of reducing lead times. Not only will QRM set your company on the right course of reducing lead times for both existing and new products, it will provide managers with a whole new approach to implementing speed. ...