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ARTICLE · 11 OCTOBER 2002

Low Cost Manufacturing – Making It Work For You

United KingdomEmployment and HR
Steve Grossman
Steve Grossman

© Rossmore Group

Summary

The attractions of a supply source that could reduce unit costs by 80% are obvious. Not so obvious are the implications for the agility of the supply chain and the ability to maintain customer service performance. Detailed, objective planning is essential if the unit cost savings are to translate into increased margins for the business.

This Paper outlines an approach that will enable you to assess the opportunities in a rational way and come up with a strategy that delivers results. It also provides a questionnaire that you can use to assess your state of readiness.

Introduction

Transferring manufacturing operations to low cost regions around the World is being considered by many businesses, due largely to the relentless pressures on margins and demands for increasing shareholder value. However, the decisions taken in principle do not necessarily deliver improvement in practice. Anticipated margins are eroded and customer service suffers,

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