login

Manufacturing flexibility and profitability

International Journal of Production EconomicsPublished 1 July 1993
Jan Olhager
Citations112
SJR quartileQ1
SJR score2.83
SNIP2.67

Abstract

Flexibility is one of four basic dimensions of a manufacturing strategy, the others being quality, dependability and cost. Of these, flexibility is usually considered to be the last step towards manufacturing excellence. In this paper, we discuss different types of flexibility, various means for achieving flexibility and the effect on profitability, distinguishing between the effect on sales revenue, cost and assets.

Keywords

EngineeringBusiness, Management and Accounting