New rules for world-class companies
Article Abstract:
Manufacturers in many markets are finding that to compete globally requires that they adopt new techniques for developing and manufacturing high-quality products. These techniques fall under the general heading of concurrent engineering (CE), which starts with multifunctional teaming and also includes such techniques as design for manufacture (DFM), continuous process improvement (CPI), total quality management (TQM) and quality function deployment (QFD). CE is intended to create successful new products by combining a company's resources and its experience in design, development, marketing, manufacturing, service and sales as early as possible in the design cycle. The product-development process is shortened because steps are taken in parallel rather than in a series, and time to market is improved because the number of product iterations is reduced. Use of CE by Japanese and US manufacturers in many industries is described.
Publication Name: IEEE Spectrum
Subject: Engineering and manufacturing industries
ISSN: 0018-9235
Year: 1991
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Business plans live and grow (and so do companies)
Article Abstract:
Companies should formulate business plans that not only prevent the business from taking considerable risks but also assure that opportunities can be capitalized on. A good business plan should be supported by an integrated management planning and control system. Among the traits of a well-planned company are that personnel are self-managed and continuous profitability centers, paperwork and meetings are minimized, decisions are made with action programs and communication, coordination and productivity are at high levels.
Publication Name: Journal of Management in Engineering
Subject: Engineering and manufacturing industries
ISSN: 0742-597X
Year: 1996
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U.S. companies will spend more on R&D in 1998
Article Abstract:
Schonfeld & Associates Inc's 'R&D Ratios and Budgets' report projects that the boom in industrial research expenditures in 1995 will continue into 1998. The report also claims that a healthier national economy will enhance research and development (R&D) spending. The annual report expects the automobile industry to invest $30.5 billion in R&D, leading other industries in R&D expenditures.
Publication Name: Research-Technology Management
Subject: Engineering and manufacturing industries
ISSN: 0895-6308
Year: 1997
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