Get It's About Time: The Competitive Advantage of Quick Response PDF

By Rajan Suri

In the last decade because the booklet of Rajan Suri’s landmark booklet, Quick reaction Manufacturing, the leading edge ideas of QRM were confirmed with extraordinary effects at many businesses, mammoth and small, in quite a few industries. whereas the foremost ideas of QRM stay unchanged, after a decade of training QRM workshops to senior executives, Suri has constructed a transparent, concise, and obtainable approach to providing QRM approach utilizing 4 middle concepts:

1. the ability of Time – the large effect time has in your complete company
2. association constitution – tips on how to constitution your company to minimize lead times
3. method Dynamics – figuring out how interactions among jobs and assets impression time to make larger judgements on potential, lot sizes, and comparable issues
4. Enterprise-Wide software – QRM isn't just a store flooring process, it extends throughout your entire firm together with fabric making plans and keep an eye on, provide administration, place of work operations, and new product introduction

Presenting new case reviews on QRM implementation, It's approximately Time: The aggressive benefit of quickly reaction Manufacturing illustrates how QRM cannot purely decrease lead instances but in addition enhance caliber, decrease working expenses, and let businesses to achieve massive marketplace percentage. This functional reference explains how factories in complex international locations can use QRM technique to compete with brands in low-wage international locations. moreover, it offers worthwhile guidelines for QRM implementation, together with accounting thoughts, novel cost-justification ways, and a stepwise approach for implementation.

Also integrated is an advantage CD with 5 appendices that supply a couple of useful information to aid within the good fortune of your QRM implementation. while you're able to begin enforcing QRM, you will discover that those appendices include time-saving the way to assist you paintings via implementation issues—including easy calculation equipment and instruments to help the layout of your QRM strategy.

The writer, Rajan Suri, lately turned certainly one of purely 10 humans to be inducted into Industry Week's 2010 production corridor of reputation.

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Additional info for It's About Time: The Competitive Advantage of Quick Response Manufacturing

Sample text

Now spend some time thinking about the answers to the preceding questions, and make a list of these wastes in relation to your particular enterprise. In fact, in setting the stage for QRM efforts I have found it useful to conduct a workshop where employees and managers get together and generate this list of wastes due to long MCT as a group exercise. You may find this to be a useful exercise at your company as well. After you have spent some time making your list (and please be sure to do this first), you can proceed to the following summary of items that are listed frequently by other companies when they engage in such a group exercise.

A deeper explanation stems from the legacy of manufacturing enterprises. Organizations today are based on two principles: economies of scale and a focus on cost reduction. 35 36 • It’s About Time Response Time Spirals Before I go further into these principles, let me show you some of the dysfunctional effects that result from this scale/cost thinking. I call these effects Response Time Spirals and, as you will see in this book, there are many of these dysfunctional spirals throughout the traditional enterprise.

The IVC example gave you a glimpse of the answer to this, in that you discovered that a 2-day response time was being supported by a 29-day business process. But that is just the tip of the iceberg. Now I will show you in more depth why you should focus on MCT as a metric and on its reduction as a goal. In order to do this, I am going to ask you to think about the following question: What are all the types of waste in your whole enterprise due to long MCTs? Let me clarify the question before you spend some time on it.

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