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Title: DYNAMIC MANUFACTURING by Robert H. Hayes ISBN: 0-02-914211-3 Publisher: Free Press Pub. Date: 06 September, 1988 Format: Hardcover Volumes: 1 List Price(USD): $37.50 |
Average Customer Rating: 5 (1 review)
Rating: 5
Summary: A book review on "Dynamic Manufacturing"
Comment: The book is extremely refreshing and useful in terms of its different perspective from the conventional manufacturing management assumptions and theories, which still influence the America's management practices today. The book explores key manufacturing infrastructure issues such as capital budgeting, organization structure and performance measurement and demonstrates how these can affect, positively or negatively, the performance of the manufacturing companies in pursuing it sustainable competitive advantage over its competitors.
The book is well structured and the arguments are very consistent with one another. In analyzing different elements leading to a superior manufacturing organization,the importance of learning and adaptation to change are emphasized, while the difficulties of creating the new infrastructure that a company may encounter and the key role that management can play are also emphasized.
The points the authors propose are impressive using reliable case studies. For example, the case histories of the three presentative investment decisions that illustrate the problems with the modern capital budgeting paradigm are instrumental for better understanding. The calculations of total factor poductivity (TFP) for two contrasting products illustrate the TFP performance easurement technique convincingly. The tables and figures in each chapter, provided as further illustrations, also aid in generating neat and explicit explanations.
The author's treatment is complete since the book provides a great deal of information and shows today's managers why it is necessary and how to implement the fundamental changes if they want to create a world-class organization that builds a competitive advantage through manufacturing excellence. It is very comprehensive in addressing issues associated with creating and managing a dynamic, learning manufacturing organization at the corporation level and at the factory level. However, not all the technical details are provided in the sense that the book is more a "know-why" than "know-how" guidance.
The book is directed at managers throughout a manufacturing company, not just the management of the manufacturing function. In my opinion, capital investors, top management, manufacturing managers, project managers, industrial engineers, design engineers, and any other ambitious engineers in manufacturing companies should read this book carefully and keep in mind some insights and principles that the authors address in the book. As advocated by the authors, "learning is the bottom line".
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Title: Restoring Our Competitive Edge : Competing Through Manufacturing by Robert Hayes, Steven Wheelwright ISBN: 0471051594 Publisher: John Wiley & Sons Pub. Date: June, 1984 List Price(USD): $44.95 |
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Title: Principles of Operations Research: With Applications to Managerial Decisions by Harvey M. Wagner ISBN: 0137095929 Publisher: Prentice Hall (Sd) Pub. Date: 01 September, 1975 List Price(USD): $86.00 |
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Title: The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt, Jeff Cox ISBN: 0884270610 Publisher: North River Press Publishing Corporation Pub. Date: May, 1992 List Price(USD): $19.95 |
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Title: Manufacturing Strategy: Text and Cases by Terry J Hill ISBN: 0256230722 Publisher: McGraw-Hill/Irwin Pub. Date: 13 December, 1999 List Price(USD): $151.25 |
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