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Manufacturing Strategies
e reason for a manufacturing strategy is to look at manufacturing alter-
natives, and optimize the return on investment from them. Everybody
wants to be the lowest cost, highest quality manufacturer using the latest
technologies, but that is not always possible given budgetary constraints.
In today’s global economy, cheap transportation costs, fast moving tech-
nology, and just- in- time deliveries, it is mandatory to re- examine the
manufacturing strategy each year and include it in the business plan.
Here are some of the considerations relating to manufacturing strategies.
OUTSOURCING AND MAKE OR BUY STRATEGIES
e most ...