Worldclass Manufacturing : The Next Decade

Richard Schonberger

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Since the invention of double-entry bookkeeping, managers have judged a company's worth by sales and profits. Now, Richard J. Schonberger, the architect of the worldwide Just-In-Time revolution, reaches beyond "financials" to redefine excellence -- and reveals, with new benchmark data, how pioneers become dynasties. Schonberger's pathbreaking new research reveals that, from 1950 to 1995, while "financials" dipped and soared repeatedly, industrial decline and ascendancy correlated perfectly with inventory turnover -- one of two key nonfinancial indicators and a bedrock measure, along with customer satisfaction, of a company's power, strength, and value. In this immensely readable book, he captures these new metrics -- the true predictions of future success -- in 16 customer-focused principles created from self-scored reports supplied by over 100 pioneering manufacturers in nine countries. Armed with new world-class benchmark data, Schonberger redefines excellence in terms of competence, capability, and customer-focused, employee-driven, data-based performance. For front-tine associates to senior executives, Schonberger has written manufacturing's action agenda for the next decade. This book will be indispensable reading for manufacturing and general managers in all industries, as well as for pension fund managers, institutional investors, stock analysts, and stockbrokers.

What will you learn from this book

  1. Lean Manufacturing Principles: Exploring and implementing lean manufacturing methodologies such as Just-in-Time (JIT), Total Quality Management (TQM), and Continuous Improvement (Kaizen).

  2. Operational Excellence: Focusing on operational efficiency, waste reduction, and improving overall productivity in manufacturing processes.

  3. Supply Chain Management: Strategies for optimizing supply chains, including vendor relations, inventory management, and logistics, to enhance efficiency and responsiveness.

  4. Quality Management and Six Sigma: Emphasizing quality control, defect reduction, and the integration of Six Sigma principles to achieve consistent quality standards.

  5. Agility and Flexibility: Addressing the need for manufacturing agility, adaptability to market changes, and rapid response capabilities.

  6. Technology Integration: Exploring the role of technology, automation, and digitalization in modern manufacturing to drive innovation and competitiveness.

  7. Employee Engagement and Empowerment: Fostering a culture of employee involvement, empowerment, and skill development to enhance performance and innovation.

  8. Benchmarking and Best Practices: Learning from industry benchmarks and adopting best practices from successful manufacturing organizations.

  9. Sustainability and Environmental Responsibility: Considering sustainable manufacturing practices, reducing environmental impact, and incorporating green initiatives.

  10. Global Competition and Market Trends: Analyzing global market trends, competition, and strategies for maintaining a competitive edge in the international marketplace.

Language English
ISBN-10 0-684-823039
ISBN-13 9781476747347
No of pages 275
Font Size Medium
Book Publisher Free Press
Published Date 04 May 2013

About Author

Author : Richard Schonberger

1 Books

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