8 Features Of Manufacturing Flashcards
(2 cards)
What are the advantages to QRM?
Lower capital costs - due to minimisation of raw materials and finished goods
Larger market share- due to the system’s attractiveness to new clients
Demand-led small batch production combined with the quick turnaround - reduces stock and need for storage facilities.
Production team accountability + waste minimisation strategies facilitates high quality at reduced cost
What are the disadvantages to QRM?
Danger of being let down by suppliers= unable to fulfil orders
Wide fluctuations in demand = problems
Human resource problems due to changing roles and responsibilities
Requires multi-discipline support from all departments to facilitate successful implementation