Between increased regulation and compliance measures, changing technology, and growing environmental mandates, today’s manufacturers have been forced to move past traditional operations management to a broader solution that extends beyond the plant floor and into the production process and supply chain network.
The Need for Effective Operations
For manufacturers, the expansion into the global market has forced them to consider more complex and varied methods in delivering their source-to-product operations, with the method changing dependent on target markets and their corresponding requirements and conditions. In a recent survey conducted by Aberdeen Group, the top two market pressures for improving operations management were time-to-market (50%) and consumer demand (49%).
Globalization has radically changed how manufacturers operate. Increased internet connectivity has decreased the regular product delivery cycle and increased the number of competitors in the market. Consumers can largely dictate how and when they receive products. In order for a manufacturer to remain competitive, it’s critical manufacturers reduce their lead times to respond to consumer demands and deliver higher quality product to distinguish themselves from their competitors. Consequently, manufacturers have looked to achieve these targets by creating a more tightly integrated supply chain with stronger resource management.
Effective Manufacturing Operation Management
In manufacturing, the number one priority is the ability to accelerate the delivery of a product through optimization of its operations management. The expectation is this accelerated cycle is done without compromising quality, and in some instances while improving quality. Operations management is a space that rapidly evolves and still in need of significant clarification and guidance. Effective implementation of a manufacturing operations management solution is necessary for any company to survive.
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