Manufacturing and Production

To overcome these challenges manufacturingfirms need to balance exploration andexploitation as well as local and centralinnovation and learning. They should alsoconsider service-specific aspects whendeveloping new services such as moreiterations and interactions with lead customers.This requires a shift in mindset andorganizational norms as well as thedevelopment of new measures and sales tools.This book has the latest information about how materials are madeinto products including the machines and systems used. It also has anonline platform where experts can share new ideas and research. Thebook shows how to design factories that can adapt to the changingdemands of the global market. It examines current manufacturingpractices and policies from different angles helping us understandhow production and innovation work in the world economy.