Convert the global presence into global competitive

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Convert the global presence into global competitive advantage which means mastering global scale, local adaptation and knowledge transfer With the global companies entering India, Indian industry needs to achieve global standards Indian companies - Global Standards
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Manufacturing sector has to improve efficiency to become globally competitive Improvement in productivity, quality control, cost control , capital utilisation, customer service etc. Indian companies have to first become outstanding domestic companies in order to reach the global level Indian companies have very high potential but that potential needs to be realised Indian companies - Global Standards
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REFERENCES WORLD CLASS MANUFACTURING: SAHAY / SAXENA / ASHISH KUMAR MODERN PRODUCTION / OPERATIONS MANAGEMENT: BUFFA / SARIN WORLD CLASS MANUFACTURING : RICHARD J. SCHONBERGER TOTAL QUALITY MANAGEMENT : K. SHRIDHARA BHAT
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THANK YOU
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TQM has become a way of life in the manufacturing Many firms have adopted TQM and got ISO 9000 certificates JIT is being implemented to reduce inventory costs and make their operations more flexible Some of the advanced production systems are Computer aided design(CAD) Computer aided manufacturing (CAM) TQM &World Class Manufacturing
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Flexible Manufacturing systems (FMS ) Computer controlled group of machines to produce a variety of products Automated storage and retrieval systems(ASRS) Automatic placement and removal of parts from computer controlled warehouses Automatic identification system(AIS) Bar codes,radio frequency or optical characters representing data read by scanners transmitting data to computers TQM &World Class Manufacturing
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World Class Customers Manufacturer needs to be world-class customers to attract and maintain the world- class sources of supply Characteristics of good customers beneficial to both partners Awareness to their suppliers’ needs Record keeping of promises made Willingness to share plans and information with suppliers
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Willingness to explore process and product improvement with suppliers Pattern of providing quick response to problems raised by suppliers Feedback from key suppliers and action when required World Class Customers
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Strategies Adopted by World Class Manufacturers Areas relevant to achieve the competitive advantage in production and operations management Manufacturing/ Operations strategy Developing business and operations strategies for capturing increasing market shares of global markets
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Forecasting in Operations Management Effective forecasting techniques, as exceptional long-range business planning systems and forecasting is integral to these plans Develop excellent short-range forecasts as well to facilitate timely production of goods and services of highest quality , at the lowest cost, with little inventory while remaining responsive to customers’ needs Strategies Adopted by World Class Manufacturers
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Designing and Developing Products and Production Process High product quality, high production flexibility, low production cost and high customer service
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