Use of Business/Management Methodologies
A number of organizations also included business or management methodologies in their definition of advanced manufacturing. For example, one organization defines “advanced manufacturing as the insertion of new technology, improved processes, and management methods to improve the manufacturing of products.” (National Defense University, 2002, as reported in PCAST) Another organization lists advanced manufacturing as “encompassing lean production techniques, enhanced supply chain integration, and technology assimilation.” In fact, the Wikipedia definition of “advanced manufacturing” is “advanced planning and scheduling” described as “a manufacturing management process by which raw materials and production capacity are optimally allocated to meet demand.” Overall, the following business or management methodologies were listed as being a part of advanced manufacturing:
- Quality controls (US Department of Labor)
- Lean production technologies
- Supply chain integration
- Advanced Planning and Scheduling (Wikipedia, online, accessed June 2010)
Read more about this topic: Advanced Manufacturing
Famous quotes containing the words business and/or management:
“The current flows fast and furious. It issues in a spate of words from the loudspeakers and the politicians. Every day they tell us that we are a free people fighting to defend freedom. That is the current that has whirled the young airman up into the sky and keeps him circulating there among the clouds. Down here, with a roof to cover us and a gasmask handy, it is our business to puncture gasbags and discover the seeds of truth.”
—Virginia Woolf (18821941)
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
—Lyndon Baines Johnson (19081973)