Competitive edge analysis of world Class manufacturing system WCMS a Study of manufacturing companies in Chennai

Abstract

This research study takes you to the journey of World Class newlineManufacturing System WCMS adopted by the manufacturing companies newlinelocated in and around Chennai and how they are wrestling with the challenges newlinefaced to achieve the world class status across the globe In the changing newlinebusiness paradigm competition has become more intense and the market has newlinechanged rapidly To beat out the turbulent complex and even chaotic market newlinethe manufacturing companies need to adopt world class manufacturing newlinephilosophies principles and techniques to achieve a competitive edge at the newlinepipeline of competitive priorities of quality cost price delivery speed newlinedelivery reliability innovation flexibility etc The mission of this study taps newlineinto the minds of Chennai manufacturers to assess their impressions of what newlineworld class manufacturing means to them and how far they think they have newlinecome towards achieving that accreditation This research was designed newlineespecially to illustrate how the WCM practices principles and techniques newlinehave been implemented in Chennai manufacturers to achieve the competitive newlineadvantage in their business operations newlineThis study was carried out at 150 different manufacturing newlinecompanies located in and around Chennai newline newline