Article ID: | iaor1991474 |
Country: | United States |
Volume: | 30 |
Start Page Number: | 68 |
End Page Number: | 72 |
Publication Date: | Mar 1989 |
Journal: | Production and Inventory Management Journal |
Authors: | Cox Taylor |
Through a critical area for improving competitiveness, manufacturing flexibility is rarely measured explicitly by managers nor included in formal goal setting and control systems. Here is a framework for measuring overall flexibility of plants in response to market shifts in volume or product types demanded. Such a measurement should be integrated into a firm’s strategy in the same way as quality, costs, and schedule appliance.