Francisco Tubino and Rajan Suri
Quick Response Manufacturing (QRM) is a companywide approach to lead time reduction proven successful at many manufacturing enterprises. Currently, there is detailed literature on QRM principles, on how to implement QRM, and on its potential benefits.
Need a Light – now?
In the 1990s Phoenix ran like a traditional manufacturing plant. It was stocked with purchased products, including castings from China. These products could have lead times spanning months, so Phoenix’s purchaser always ensured plenty of safety stock was on hand. High-volume orders meant cheaper perpiece pricing, so the purchaser bought in bulk – and why not?