I developed Quick Response Manufacturing (QRM) as a competitive strategy for companies making high-mix, low-volume, or custom products:
- These companies struggle with long lead times, late deliveries, daily expediting, and thus also high costs.
- Using QRM, companies have reduced their lead times by 80-90%. As a result, they have seen large increases in market share, 15-20% cost reductions, and huge improvements in quality and on-time delivery.
- Companies also find that the lead time and cost reductions from QRM enable them to compete effectively against low-cost countries and re-shore production.