Manufacturers have carefully examined their current new product development cycles due to changes in customer demands. The use of common parts and designs brought about by the greater prevalence of computer-integrated manufacturing systems is now considered a powerful and increasingly accessible way for firms to compete in the increasingly competitive global market. Commonality can provide inventory-related benefits, however an example provided in this study shows that commonality can provide far-reaching competitive advantages. This indicate that commonality has become a strategic competitive weapon.
|Original language||English (US)|
|Number of pages||5|
|Journal||Production and Inventory Management Journal|
|State||Published - Sep 1994|
ASJC Scopus subject areas
- Industrial and Manufacturing Engineering