It's About Time
eBook - PDF

It's About Time

The Competitive Advantage of Quick Response Manufacturing

  1. 232 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

It's About Time

The Competitive Advantage of Quick Response Manufacturing

About this book

In the decade since the publication of Rajan Suri's landmark book, Quick Response Manufacturing, the innovative principles of QRM have been proven with impressive results at many companies, big and small, in a variety of industries. While the key principles of QRM remain unchanged, after a decade of teaching QRM workshops to senior executives, Suri has developed a clear, concise, and accessible method of presenting QRM strategy using four core concepts:

1. The Power of Time – the huge impact time has on your entire enterprise
2. Organization Structure – how to structure your organization to reduce lead times
3. System Dynamics – understanding how interactions between jobs and resources impact time to make better decisions on capacity, lot sizes, and similar issues
4. Enterprise-Wide Application – QRM is not just a shop floor strategy, it extends across your whole enterprise including material planning and control, supply management, office operations, and new product introduction

Presenting new case studies on QRM implementation, It's About Time: The Competitive Advantage of Quick Response Manufacturing illustrates how QRM can not only reduce lead times but also improve quality, reduce operating costs, and enable companies to gain substantial market share. This practical reference explains how factories in advanced nations can use QRM strategy to compete with manufacturers in low-wage countries. In addition, it provides helpful pointers for QRM implementation, including accounting strategies, novel cost-justification approaches, and a stepwise process for implementation.

Also included are downloadable resources with five appendices that provide a number of practical details to assist in the success of your QRM implementation. When you are ready to start implementing QRM, you will find that these appendices contain time-saving tips to help you work through implementation issuesĀæincluding simple calculation methods and tools to support the design of your QRM strategy. You can also access these Appendices on the Downloads and updates tab on https://www.crcpress.com/9781439805961.

The author, Rajan Suri, recently became one of only 10 people to be inducted into Industry Week's 2010 Manufacturing Hall of Fame.

Information

Year
2010
Print ISBN
9780367480288
Edition
1
eBook ISBN
9781439805961
Subtopic
Operations
Organizational 
Structure 
for 
Quick 
Response: 
• 
69
manyĀ 
ofĀ 
theĀ 
machinesĀ 
inĀ 
theĀ 
OrangeĀ 
factoryĀ 
areĀ 
veryĀ 
big,Ā 
movingĀ 
themĀ 
wouldĀ 
requireĀ 
aĀ 
lotĀ 
ofĀ 
resources.)Ā 
InĀ 
2002Ā 
five 
cellsĀ 
wereĀ 
implemented,Ā 
bringingĀ 
aboutĀ 
20%Ā 
ofĀ 
theĀ 
overallĀ 
shopĀ 
loadĀ 
intoĀ 
cells,Ā 
andĀ 
byĀ 
theĀ 
endĀ 
ofĀ 
2002Ā 
theĀ 
cumulativeĀ 
effectsĀ 
ofĀ 
theĀ 
QRMĀ 
programĀ 
hadĀ 
resultedĀ 
inĀ 
savingsĀ 
ofĀ 
overĀ 
$2Ā 
million—manyĀ 
timesĀ 
moreĀ 
thanĀ 
theĀ 
amountĀ 
spentĀ 
inĀ 
imple-
mentation.Ā 
OverĀ 
theĀ 
nextĀ 
fewĀ 
yearsĀ 
additionalĀ 
cellsĀ 
wereĀ 
implemented,Ā 
andĀ 
theĀ 
OrangeĀ 
facilityĀ 
nowĀ 
operatesĀ 
withĀ 
overĀ 
aĀ 
dozenĀ 
cells.Ā 
ByĀ 
2005,Ā 
theĀ 
continuingĀ 
positiveĀ 
resultsĀ 
ofĀ 
QRMĀ 
atĀ 
OrangeĀ 
convincedĀ 
NOV’sĀ 
ViceĀ 
PresidentĀ 
ofĀ 
GlobalĀ 
ManufacturingĀ 
Strategy,Ā 
GregĀ 
Renfro,Ā 
toĀ 
rollĀ 
QRMĀ 
outĀ 
toĀ 
otherĀ 
NOVĀ 
facilitiesĀ 
aroundĀ 
theĀ 
world.Ā 
AsĀ 
statedĀ 
byĀ 
GregĀ 
Renfro,Ā 
ā€œQRMĀ 
andĀ 
theĀ 
managementĀ 
ofĀ 
ā€˜time’ 
haveĀ 
beenĀ 
centralĀ 
toĀ 
ourĀ 
abilityĀ 
toĀ 
rampĀ 
upĀ 
productionĀ 
andĀ 
meetĀ 
theĀ 
demandsĀ 
ofĀ 
ourĀ 
market.Ā 
AsĀ 
theĀ 
marketĀ 
dynamicsĀ 
change,Ā 
itĀ 
willĀ 
continueĀ 
toĀ 
beĀ 
anĀ 
integralĀ 
partĀ 
ofĀ 
reducingĀ 
prod-
uctĀ 
costs,Ā 
improvingĀ 
qualityĀ 
andĀ 
shorteningĀ 
lead-times.ā€

Table of contents

  1. Front cover
  2. Contents
  3. Contents of Bonus CD
  4. Acknowledgments
  5. Introduction
  6. Chapter 1. The Power of Time
  7. Chapter 2. Organizational Structure for Quick Response: QRM Cells, Teamwork, and Ownership
  8. Chapter 3. Understanding and Exploiting System Dynamics Principles
  9. Chapter 4. A Unified Strategy for the Whole Enterprise
  10. Chapter 5. A Road Map for QRM Implementation
  11. Index
  12. Back cover

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