Asked by tim

How can lean manufacturing and near-sourcing help a company gain a competitive edge and prepare for the future

Answers

Answered by Ms. Sue
Theoretically, they'd increase profits, providing more money for the company to be competitive and research into future products.

Answered by bobpursley
Correct spelling helps a business.
Terms such as "lean" do not add much to manufacturing productivity, sales, nor quality. Competitive advantages are usually focused on quality, on-time, efficiently produced goods, and controlling input costs in supplies, material, and labor.

Now Prepare for the future: is that an upcoming campaign slogan in November? If so, I think I am going to be sick.

My advice is this: If your text or teacher uses this type of phasing to describe important concepts, avoiding teaching you how to schedule, manage, and monitor quality, I would drop the course forthwith. You are wasting your time if you think you are being prepared for the future.
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