Reduce Lead Time With Quick Response Manufacturing (Course)
Executive Training. Quick Response Manufacturing (QRM) is a companywide strategy for lead time reduction throughout the enterprise, and is particularly suited to companies making high-mix, low-volume or custom products. Using QRM, such companies have reduced their lead times by as much as 80-90%. As a result these companies have not only seen large increases in market share, but also experienced 15-20% cost reductions and huge quality improvements. In addition, companies find that the lead time and cost reductions resulting from QRM enable them to compete effectively against low-cost countries.
This course provides an overview of QRM strategy, which includes four core concepts:
- The Power of Time: The numerous reasons why lead time is important (much more important than most managers realize), how it influences total operating cost and quality, and how to take advantage of this realization.
- Organizational Structure: How to restructure your organization to minimize lead time throughout the enterprise, both on the shop floor and in the office.
- System Dynamics: How interactions between machines, people and products impact your lead times. As a result, capacity planning policies (e.g. machine and labor utilization) need to be rethought for QRM.
- Enterprise-wide Application: QRM is not just a shop floor approach; it is applied throughout the organization including in material planning and control, supply management, and office operations.
This course is intended for managers and executives and requires no prior knowledge of QRM. It will take approximately 40 minutes to complete. It is possible to exit the course at any time and return to resume where you left off.
Keywords: Lead time reduction, quick response manufacturing, QRM, Lean Manufacturing, high-mix low-volume, customization, custom manufacturing, manufacturing critical-path time, MCT, on-time delivery, executive training, continuous improvement, operations management, mobile, elearning
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Reduce Lead Time With Quick Response Manufacturing (Course)
This course provides an overview of QRM strategy, which includes four core concepts:
- The Power of Time: The numerous reasons why lead time is important (much more important than most managers realize), how it influences total operating cost and quality, and how to take advantage of this realization.
- Organizational Structure: How to restructure your organization to minimize lead time throughout the enterprise, both on the shop floor and in the office.
- System Dynamics: How interactions between machines, people and products impact your lead times. As a result, capacity planning policies (e.g. machine and labor utilization) need to be rethought for QRM.
- Enterprise-wide Application: QRM is not just a shop floor approach; it is applied throughout the organization including in material planning and control, supply management, and office operations.
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